HC Deb 28 September 1909 vol 11 c1086
Mr. ODDY

asked the Chancellor of the Exchequer whether friendly societies who register amendments of rules to include benefits under Section 3 of the Friendly Societies Act, 1908, will still be free from Income Tax?

The FINANCIAL SECRETARY to the TREASURY (Mr. Hobhouse)

Under the existing law the answer is in the negative, but my right hon. Friend has placed on the Paper a Clause which will exempt from Income Tax registered friendly societies entitled to avail themselves of the increase of limitation granted by Section 3 of the Friendly Societies Act, 1908.