HC Deb 31 July 1923 vol 167 c1277

asked the Attorney-General if he is aware that the Public Trustee has an unfair handicap over other corporate trustees, in that under Section 1 (2) of the Public Trustee Act, 1906, any instrument sealed by the Public Trustee is not by reason of the Public Trustee using his seal rendered liable to a higher stamp duty than if he were an individual, while any other corporate trustee has not this privilege; and if, at the earliest opportunity, he will take steps to remove this anomaly by providing that any instrument sealed by a corporate trustee shall not by reason of the corporate trustee using its seal be rendered liable to a higher stamp duty than if it were signed by an individual?


The advantage referred to in the question, which is enjoyed by the Public Trustee, is not, I understand, of much practical importance. It was, however, deliberately conferred on him by Parliament, and I am not aware of any sufficient reason for initiating legislation extending it to other bodies.