§ Mr. Peter Mills
asked the Chancellor of the Exchequer if he will make a statement on the tax position of companies when a sale-and-lease-back agreement has been made.
§ Mr. Stratton Mills
asked the Chancellor of the Exchequer if he will make a statement about the Inland Revenue's attitude to sale-and-lease-back arrangements in the light of the recent Austin Reed case.
§ Mr. Patrick Jenkin
I would refer my hon. Friend to my statement in reply hon. Friends to my statement in reply to the debate on new Clause 57 in Standing Committee on the Finance Bill earlier today.