§ Mr. Skeetasked the Chancellor of the Exchequer whether Her Majesty's Government will compensate the Isle of Man for loss sustained due to the extension of United Kingdom territorial jurisdiction for tax purposes to cover areas of the Isle of Man pursuant to section 38 of the Finance Act 1973.
§ Mr. MooreNo part of the Isle of Man or the territorial waters around the island falls within the area specified by section 38 of the Finance Act 1973. The question of compensation for this does not therefore arise.