HC Deb 25 February 1941 vol 369 c448

Motion made, and Question proposed, "That the Clause stand part of the Bill."

Sir F. Sanderson

Do I take it that a company will be in order in reducing the amount of premium over a period of years; in other words, that the premium will be treated in precisely the same way as any ordinary capital expenditure is treated at present?

Sir K. Wood

I shall have to look at that point and will try to say a word later.

Question put, and agreed to.