§ 11. "That where a reasonable proportion of the actual income from all sources for any period ending on any date subsequent to the fifth day of April, nineteen hundred and twenty-one, of any company, which is of a private character, is not distributed to its members in such manner as to render the amount distributed liable to be included in the statements to be made by the members of the company of their total income for the purposes of Super-tax, that actual income shall be treated as having been apportioned among the members of the company in accordance with their respective interests in the company and the part so apportioned to any member shall, for the purposes of Supertax, be deemed to represent his income from his interest in the company for the said period and shall for those purposes be deemed to be the highest part of his income, and any Super-tax chargeable by virtue of this Resolution shall be assessed in the name of the company on the member of the company concerned, and shall, unless paid by that member, be payable by the company.
§ And it is declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913."