§ 100. Mr. de ROTHSCHILDasked the Chancellor of the Exchequer whether the profits of a board set up under the Marketing Bill will be subject to taxation in the same way as the profits of a company, 592 or whether it is contemplated that they should be free from taxation in the same way as the profits of co-operative societies?
§ Mr. P. SNOWDENAny profits within the scope of the Income Tax charge which may arise from the activities of such a board would fall to be assessed in the ordinary course. As regards the second part of the hon. Member's question, I will consider the matter in connection with the forthcoming Finance Bill.