HC Deb 21 May 1935 vol 302 cc1036-7

I beg to move, in page 156, line 36, at the end, to insert: and estate duty shall not be payable in Great Britain, nor, if the Parliament of Northern Ireland so provides, in Northern Ireland, in respect of any pension payable under the regulations or rules relating to any such fund.? The Amendment covers a technical point. Under the British Finance Act existing funds are exempted from estate duty, but the form of exemption can hardly cover any new fund formed under the provisions of Sub-section (3). I am glad to say that I have the approval of the Chancellor of the Exchequer to make this exemption to cover the new fund that it is proposed to set up for the family pensions. I move the Amendment with that object.

Amendment agreed to.