§ 55. Mr. Keelingasked the Chancellor of the Exchequer whether his regulations provide for the Treasury to pay interest on any sum of Special Contribution paid on or after 1st January, 1949, but before assessment, in excess of the amount which turns out to be due.
§ Mr. Glenvil HallNo.
§ Mr. KeelingAs a special contributor who wishes to avoid interest has to guess the amount due, does the reply mean that if he guesses "tails," he loses, and if he guesses "heads," the Chancellor wins?
§ Lieut.-Commander BraithwaiteThat is exactly what it does mean.
§ Mr. Glenvil HallIt means that we must comply with the law.
§ Viscount HinchingbrookeIs Income Tax repayable on interest charged by the Treasury on overdue contributions?