§ 65. Mr. LOVERSEEDasked the Chancellor of the Exchequer whether the Treasury has issued any directions under Section 46 (1) of the Income Tax Act, 1918, as to the manner in which it is to be shown that the securities referred to are in the beneficial ownership of persons who are not ordinarily resident in the United Kingdom; and, if not, whether the Treasury will issue such directions, without delay, in order to enable persons who have subscribed to Government loans to claim the benefit of the Section?
§ Mr. SNOWDENThe directions referred to have been made by the Treasury, and I am sending the hon. Member a copy of them. I would, at the same time, refer him to the announcement I made in the course of my financial statement that proposals will be submitted granting a right of appeal on a question of ordinary residence.