§ (1) Where the total income of an individual includes or would but for this section, include any sum under Part III of the Income Tax Act, 1952, in respect of a house or tenement of which the said individual is both owner and occupier, the sum aforesaid shall, subject to the provisions of this section, be disregarded, for all the purposes of the Income Tax Acts other than the furnishing of information.
§ (2) No individual shall be exempted from assessment under Schedule A by virtue of this
458§ section in respect of more than one tenement in any year of assessment.
§ (3) For the purposes of this section, a house owned by a married woman living with her husband and occupied by them shall be deemed to be owned and occupied by the husband.—[Mr. Naharro.]
§ Brought up, and read the First time.
§ Question put, That the Clause be read a Second time:—
§ The Committee divided: Ayes 17, Noes 233.