§ 45. Mr. ANSTRUTHER-GRAY
asked the Financial Secretary to the Treasury what would be the estimated annual saving that would accrue from a repeal of Section 28 of the Finance Act, 1931?
§ Mr. HORE-BELISHA
The average annual cost of the staff engaged on the administration of the provisions of the section referred to is approximately £6,000. I would, however, remind my hon. Friend that, as I stated in a reply to a question in this House on the 31st October last, the information derived from the particulars of the transfers of land is required for various purposes and is of considerable value. In these circumstances, the real effect of the repeal of the section would be not a saving but an appreciable loss.