HC Deb 14 April 1964 vol 693 c282

Motion made, and Question, That, where transactions are carried out which involve payments in respect of any description of property or rights (whether payments by way of rent, or payments for the hiring of assets, or payments of any other description, and whether or not consisting of or comprising instalments of, or payments towards, a put chase price), charges to Income tax may be imposed, including restrictions on the cases in which, and the extent to which, the payments are allowable as deductions in computing income or profits or gains or losses, or relief is allowable in respect of the payments.—[Mr. Maudling.]

put and agreed to.