31. Mr. B. Harrisonasked the Chancellor of the Exchequer if, under his regulations, the taxation concessions for gifts given to charitable and educational organisations under seven-year covenants apply similarly to such organisations in the Commonwealth.
§ Mr. GreenNo, Sir. The courts have held that the tax reliefs provided for charities apply only to organisations established in the United Kingdom.
Mr. HarrisonIn view of the desirable nature of such trusts outside this country and in the Commonwealth, would my hon. Friend consider this when the next Budget comes up?
§ Mr. GreenIf my hon. Friend has a particular organisation in mind, may I invite him in return to see me about it?