§ 56. Mr. OUTHWAITEasked the Chancellor of the Exchequer when the valuation under the Finance (1909–10) Act, 1910, will be completed?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)The original valuation cannot be completed until provisional valuations have become final, either by effluxion of time or by settlement on appeal. My. hon. Friend will remember that the limit of time for objecting to provisional valuations has been indefinitely extended by reason of the War, and the actual service of such valuations has been retarded both by decisions in the Courts and by the general dislocation (including loss of staff) consequent on the War. Subject to these considerations the Board of Inland Revenue anticipate that the valuations will be made by the end of June next.