§ Mr. SHACKLETONasked whether Section 73 of the Finance Act, 1909–10, is considered by the Inland Revenue Commissioners to exempt from increased Stamp Duties transfers the consideration for which does not exceed the value of £500, although such consideration may consist partly of a premium and partly of an annual rent, and although the transfer may be made by way of underlease?
§ Mr. HOBHOUSESection 73 of the Finance (1909–10) Act, 1910, exempts such a transaction from the increased Stamp Duty only when made by way of conveyance on sale, and not when made by lease or underlease. I may add that my right hon. Friend is considering the matter.