§ Any compensation which is payable under Part II of the Agriculture Act, 1920, shall be regarded as part of the cost of management under Section sixty-nine of the Act of 1910.—[Mr. Pretyman.]
§ Brought up, and read the First time.
1329§ Mr. PRETYMANI beg to move, "That the Clause be read a Second time."
Where on account of a notice given to a tenant to quit for proper and legitimate reasons under Part II of the Agriculture Act the rent has to be returned, it is obvious that the landlord ought not to have to pay Income Tax on a rent he does not actually receive. All I propose is that, where that arises and the rent has to be given back to the tenant because the tenant has quitted the farm, that is part of the cost of management and ought to be one of the expenses which should be deducted. May I say that I could not expect a manuscript Amendment of this kind to be actually accepted by my right hon. Friend without some consideration and looked carefully into? If he will undertake to look into the matter before the Report stage of the Bill I shall be satisfied.
§ Sir R. HORNEI am afraid that I cannot give the undertaking for which my right hon. Friend asks.
§ Mr. PRETYMANI beg leave to withdraw the Clause.
§ Motion and Clause, by leave, withdrawn.