§ 16. "That the relief given to an individual in respect of unearned income shall be modified so as to be such as will reduce the rate of tax on his unearned income to—
- 3s. if the total income does not exceed £500.
- 3s. 9d. if the total income exceeds £500 but does not exceed £1,000.
- 4s. 6d. if the total income exceeds £1,000 but does not exceed £1,500.
- 5s. 3d. if the total income exceeds £1,500 but does not exceed £2,000.
§ Resolution reported,