§ Mr. TYSON WILSONasked the Chancellor whether, seeing that under the pro- 739W visions of the Finance Act it was intended that upon all purchases of property of under £500 value the old Stamp Duty of 10s. per cent. would be charged, and that the Inland Revenue authorities are charging a Stamp Duty of £1 per cent. upon all purchases of property under the value of £500 if the assignment to the purchaser is by way of lease, a practice which obtains largely in the North of England, particularly among builders who erect houses for sale to the working classes, he will take steps to secure that the spirit of the Finance Act is carried out?
§ Mr. LLOYD GEORGEI may refer the hon. Member to the reply given yesterday to my hon. Friend the Member for Bolton, in which I stated that I proposed to deal with this matter in the Finance Bill for the current year.