§ 12. "That there shall be substituted for the rates of Estate Duty set out in the First Schedule to the Finance Act, 1914, the following rates:
| Where the principal Value of the Estate | Estate Duty shall be payable at the rate per cent. of | |
| Exceeds | ||
| £ | £ | |
| 100 and does not exceed | 500 | 1 |
| 500 and does not exceed | 1,000 | 2 |
| 1,000 and does not exceed | 5,000 | 3 |
| 5,000 and does not exceed | 10,000 | 4 |
| 10,000 and does not exceed | 15,000 | 5 |
| 15,000 and does not exceed | 20,000 | 6 |
| 20,000 and does not exceed | 25,000 | 7 |
| 25,000 and does not exceed | 30,000 | 8 |
| 30,000 and does not exceed | 40,000 | 9 |
| 40,000 and does not exceed | 50,000 | 10 |
| 50,000 and does not exceed | 60,000 | 11 |
| 60,000 and does not exceed | 70,000 | 12 |
| 70,000 and does not exceed | 90,000 | 13 |
| 90,000 and does not exceed | 110,000 | 14 |
| 110,000 and does not exceed | 130,000 | 15 |
| 130,000 and does not exceed | 150,000 | 16 |
| 150,000 and does not exceed | 175,000 | 17 |
| 175,000 and does not exceed | 200,000 | 18 |
| 200,000 and does not exceed | 225,000 | 19 |
| 225,000 and does not exceed | 250,000 | 20 |
| 250,000 and does not exceed | 300,000 | 21 |
| 300,000 and does not exceed | 350,000 | 22 |
| 350,000 and does not exceed | 400,000 | 23 |
| 400,000 and does not exceed | 450,000 | 24 |
| 450,000 and does not exceed | 500,000 | 25 |
| 500,000 and does not exceed | 600,000 | 26 |
| 600,000 and does not exceed | 800,000 | 27 |
| 800,000 and does not exceed | 1,000,000 | 28 |
| 1,000,000 and does not exceed | 1,250,000 | 30 |
| 1,250,000 and does not exceed | 1,500,000 | 32 |
| 1,500,000 and does not exceed | 2,000,000 | 35 |
| 2,000,000 | 40 |
§ It being a quarter past Eight of the clock, further Proceeding was postponed without Question put, pursuant to Standing Order No. 4.