§ Sir G. Gibson
asked the President of the Board of Trade whether, when the Purchase Tax comes into operation, it will be necessary for retailers and distributors to increase the amount for which their stocks are insured under the War Risks Insurance Act, 1939, by the amount of the tax paid to the wholesaler?
§ Sir A. Duncan
Yes, Sir. The insurance must be for the full value for the time being of the goods insurable under Part II of the Act.