§ BANKING (TAXATION)
§ Resolved,
§ That for the purposes of any Act of the present Session to confer functions on the Bank of England with respect to the control of institutions carrying on deposit-taking businesses and to give further protection to persons who are depositors with such institutions, it is expedient that charges to income tax and corporation tax be imposed by provisions relating to the treatment for the purposes of the Tax Acts of payments made to institutions by the Deposit Protection Board established by that Act.—[Mr. Bates.]