§ Mr. CHARLES BATHURSTasked the Chancellor of the Exchequer whether he is aware that, under the Finance (1909–10) Act, 1910, a voluntary conveyance of property inter vivos is chargeable with the full ad valorem Stamp Duty, and in the event of the death of the donor within three years thereafter is also chargeable with the full amount of Estate Duty; and whether, bearing in mind that no fresh interest is created by the latter event, he will make provision in the Budget of 1911 for a deduction from the Estate Duty payable in such cases of the amount of the Stamp Duty paid on the execution of the deed of gift?
§ Mr. HOBHOUSEThe reply to the first two parts of the question is in the affirmative. The question raised in the third part of the question was considered in the discussion on the Finance (1909–10) Act, 1910, but was not accepted by the Chancellor of the Exchequer.