§ Considered in Committee.
§ [Mr. WHITLEY in the Chair.]
§ Mr. BALDWIN (Joint Financial Secretary to the Treasury)I beg to move, "That it is expedient to authorise the payment, out of moneys to be provided by Parliament, of any expenses incurred by any local authority or police authority in the exercise of powers in relation to Luxury Duty; and to authorise a provision to enable the currency of War Savings Certificates to be extended in pursuance of any Act of the present Session dealing with Finance."
§ Mr. D. MASONDoes it mean that if we pass this we subscribe to the Budget Act? I have put down an Amendment on the Finance Bill to leave out a Section.
The CHAIRMANIt does not commit the Committee on the Bill in any way; it only enables them to consider it.
§ Mr. BALDWINMay I explain to the hon. Member? This is merely the Committee stage of two enabling Reso- 938 lutions which have to be passed before they can be considered in the Committee stage of the Finance Bill, which will probably be taken in the course of next week. They deal with two subjects on which financial Resolutions have to be moved. One relates to Clause 13 of the Finance Bill, which empowers the local or police authorities to make certain arrangements in connection with the administration and the collection of the Luxury Taxes. The second refers to the War Saving Certificates, and will provide, under Clause 40 of the Finance Bill, for the payment of interest on War Savings Certificates after the expiration of five years. At present there is a statutory limitation of five years, beyond which period there is no provision for paying interest.
§ Resolution to be reported To-morrow.
§ The remaining Orders were read, and postponed.
§ Whereupon Mr. SPEAKER, pursuant to the Order of the House of the 13th February, proposed the Question, "That this House do now adjourn."
§ Adjourned accordingly at Five minutes after Eleven o'clock