§ Mr. SAMUEL ROBERTSasked the Chancellor of the Exchequer whether the increased Stamp Duty on conveyances will apply when the contract was made prior to the introduction of the Budget; and, if so, whether he is prepared to accept a Clause exempting such cases?
§ Mr. HOBHOUSEThe increased duty will apply to all conveyances executed on and after the date of the Royal Assent. My right hon. Friend regrets that he does not see his way to accept a Clause of the kind suggested in the second part of the question.