HC Deb 02 July 1935 vol 303 cc1703-4
46. Sir J. POWER

asked the Chancellor of the Exchequer the cost to the Exchequer in issuing transfer deeds free to the public for the period 1st October, 1934, to 31st March, 1935; the cost to the Exchequer of the concession granted to Stock Exchange firms under Section 42 of the Finance Act, 1920, and the amendment of 1931 for the same period; the extent to which each Stock Exchange has taken advantage of that privilege; and the aggregate totals since that Section operated?

— Duty exigible under old law. Exigible and paid under Section 42. Difference.
£ £ £
London Stock Exchange 514,904 77,739 437,165
Birmingham Stock Exchange 368 95 273
Bristol Stock Exchange 1,239 344 895
Halifax Stock Exchange 54 8 46
Huddersfield Stock Exchange 33 5 28
Leeds Stock Exchange 362 79 283
Liverpool Stock Exchange 373 77 296
Manchester Stock Exchange 893 237 656
Mincing Lane Stock Exchange 95 84 11
Nottingham Stock Exchange 135 19 116
Sheffield Stock Exchange 7,049 1,841 5,208
Provincial Brokers Stock Exchange 3,925 448 3,477
(a) Total for period 1st October, 1934, to 31st March, 1935. 529,430 80,976 448,454
(b) Total from 1st September, 1920, to 31st March, 1935. 8,145,188: 5 1,544,551: 14 6,600,636: 11
Mr. THORNE

Does the right hon. Gentleman think there would be any difficulty in giving people the opportunity of taking out a gun licence at any time they think proper?

Mr. CHAMBERLAIN

That does not arise out of the questions on the Paper.

Following are the figures:

Mr. CHAMBERLAIN

With my hon. Friend's permission, I will circulate this information in the OFFICIAL REPORT.

Following is the information:

The cost of the transfer forms issued free to the public in the period from 1st October, 1934, to 31st March, 1935, was approximately £480.

The following table shows (a) the effect over the same period of the operation of Section 42 of the Finance Act, 1920, as amended by the Finance Act, 1931, and (b) the aggregate total from 1st September, 1920, when that Section came into operation, to 31st March, 1935.