HC Deb 11 April 1927 vol 205 cc132-3

Resolved, That in the case of any person who under the provisions of subsection (3) of section twenty-nine of the Finance Act, 1926, has elected to be charged to tax for the years 1927–28 and 1928–29 on the amount on which he would have been charged if that section had not passed, the provisions of section thirty-three of the said Act shall not apply to any loss sustained in any year earlier than the year 1928–29 or earlier than the year which under the provisions of section thirty-four of the said Act would be taken to be the year preceding the year 1929–30. 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 Collecton of Taxes Act, 1913.