§ Mr. A. H. SCOTTasked the Chancellor of the Exchequer whether, having regard to the alterations made in Clause 35 of the Finance Bill on Report, it is still clear that the lands belonging to a municipal corporation, and held by them for a purpose for which they do not levy rates, are exempt from the payment of Land Value Duties?
§ Mr. LLOYD-GEORGEThe alterations made in Clause 35 of the Finance Bill on Report do not affect the exemption granted by the Clause in respect of all176W lands held by a rating authority, which terms include a municipal corporation raising rates.