HC Deb 27 June 1939 vol 349 c381 " That where, in any accounting period ending after the thirty-first day of March, nineteen hundred and thirty-nine, the receipts of a business include receipts under armament contracts (as defined by any Act giving effect to this Resolution) of not less than two hundred thousand pounds in a year, or proportionately less for any less period, and the profits of the business for that accounting period (or for so much thereof as is subsequent to the said day) exceed a certain standard, there shall be charged on so much of the excess as arises from such contracts a tax of sixty per cent."

Ordered, That it be an instruction to the Committee on the Finance Bill that they have power to make provision therein pursuant to the said Resolution.