§ Mr. HOLTasked whether the Resolutions which will be introduced in connection with the Finance Bill of 1910–11 will be of such a character as to have retroactive effect upon the payment of duties and Income Tax intended to be imposed by the Finance Bill of 1909–10?
§ Mr. LLOYD-GEORGEYes, Sir. The Resolutions in question will be retroactive in respect of those duties imposed by the Finance Bill of 1909 which were leviable under the Financial Resolutions of last year.