asked the Chancellor of the Exchequer if, in view of the decision by the Board of Inland Revenue withdrawing for the year 1926–27 and subsequent years the concession under which relief has been allowed to Income Tax payers for life assurance on the joint lives of partners, he will make provision for the continuance of such allowance to existing policy holders and will limit the alteration suggested to policies on joint lives taken out after a given future date?
§ Mr. CHURCHILL
The change of practice to which my hon. Friend refers was the result of the judgment in the High Court given on 15th June last in the case of Wilsonv. Simpson. There is no legal authority for making the discrimination which my hon. Friend suggests.