HC Deb 20 June 1910 vol 18 cc32-3
Mr. ROYDS

asked the Chancellor of the Exchequer whether, having regard to the fact that many conveyances have been executed since the date of the commencement of the Finance (1909–10) Act, 1910, in pursuance of contracts entered into before that date, to the further fact that in practice it is unusual and undesirable to make reference in a deed of conveyance to a prior contract, and that even if such reference were made a purchaser, in view of the provisions of Sub-sections (1) and (3) of Section 4 of the Finance (1909–10) Act, 1910, would not be bound to accept as duly stamped a deed referring to a previous contract, he is willing to bring in an amending Bill to empower the Commis- sioners of Inland Revenue to impress a denoting stamp providing for these cases and so removing a flaw on the title?

Mr. LLOYD GEORGE

The temporary difficulty to which the hon. Member refers can be met in the manner suggested in my reply of the 14th instant to the hon. Member for Thornbury, and I do not consider legislation on this point either desirable or necessary.