§ There is another matter, arising out of the recommendations of a departmental committee which I set up last autumn, dealing with depletion allowances for United Kingdom mining concerns in respect of capital expenditure on rights to work overseas mineral deposits, including oil deposits. I propose to adopt their recommendations; the scope and method of computation of these new allowances will appear from the Finance Bill. There will be no appreciable cost to the Exchequer this year; next year, the cost may be of the order of £1 million.