Mr. Alan WilliamsI beg to move Amendment No. 16, in page 39, line 4, at end insert:
'or(c) a debtor-creditor agreement to finance the making of such payments arising on, or connected with, the death of a person as may be prescribed.'
§ Mr. SpeakerIt will be convenient also to take Government Amendments Nos. 17, 19 and 77.
Mr. WilliamsThe amendments meet a point raised in Committee on behalf of the clearing banks. The hon. Member for Southend, West (Mr. Channon) then dealt with the problems of estate duty in regard to banks and the need to make loans in those circumstances. I promised to look at the matter and see whether I could accommodate the point. We have tabled an amendment the intention of which I am sure is fully understood by the hon. Gentleman. If there are any questions, I shall deal with them; but I think that the amendment goes a 883 substantial way to deal with the requirement.
§ Amendment agreed to.
§ Amendments made: No. 17, in page 39, line 7, after '(1)(b)' insert ' or (c)'.
§ No. 18, in page 39, line 13, leave out from 'debtors' to end of line 14.
§ No. 19, in page 39, line 16, after (1)(b) 'insert' or (c)'.
§ No. 77, in page 39, line 19, after '(1)(b)', insert or (c)'.—[Mr. Alan Williams.]