§
Resolved,
That in connection with any Act of the present Session to make provision with respect
798
to financial assistance towards the provision, acquisition or improvement of dwellings and the provision of hostels, it is expedient—
(a) in connection with any provision of that Act for the subsidisation out of moneys provided by Parliament of loans on the security of an interest in land, to authorise charges to income tax and corporation tax—
(i) on sums received by the lender out of such moneys; and
(ii) by way of the modification of the Income Tax Acts and Corporation Tax Acts in their application to payments of interest on such loans;
(b) to authorise the payment into the Exchequer of any sums received under the said Act of the present Session by any Minister of the Crown.—[Mr. Diamond.]
§ Resolution to be reported.
§ Report to be received Tomorrow; Committee to sit again.