§ The provisions in the first Schedule of the Finance (1909–10) Act, 1910, relating to the option as to Licence Duty in the case of premises the annual value of which exceeds five hundred pounds contained in Head 3 of the "Provisions applicable to retailers' on-licences" shall be read as if for the words "Five hundred pounds" were substituted the words "Two hundred and fifty pounds," and as if for the words "Two 3135 hundred and fifty pounds in the case of fully licensed premises, or in the case of a beerhouse One hundred and sixty-six pounds, thirteen shillings, and four pence," were substituted the words "One hundred and twenty-five pounds in the case of fully-licensed premises or in the case of a beerhouse Eighty-three pounds, six shillings, and eight pence."
§ Earl WINTERTON
This Clause the Second Reading of which I move, proposes to apply to houses of the value of £250 the option on the present basis of houses have £500. The owners of these houses have an option of paying either oh annual assessable value or on annual license value, and the right hon. Gentleman in the course of discussion last year said he would consider this point. To save time I will ask the right hon. Gentleman whether he will accept the Amendment.
§ Mr. LLOYD GEORGE indicated a reply in the negative.