HC Deb 30 October 1912 vol 43 c458W
Mr. ROYDS

asked the Secretary to the Treasury whether a Committee has been appointed to inquire into the conditions under which applications under Section 56 of the Finance (1909–10) Act, 1910, could be favourably considered; and, if so, whether any report or regulations have been made as the result of such inquiry?

Mr. MASTERMAN

As was stated by my right hon. Friend the then Financial Secretary to the Treasury on 4th April, 1911, in reply to a question by the hon. and gallant Member for East Dorset, a Committee was appointed to inquire into the conditions under which applications under Section 56 of the Finance (1909–10) Act, 1910, should be dealt with. The Committee recommended that, where land was offered in payment of Death Duties, the Commissioners of Inland Revenue should not accept the land themselves, but should act as intermediaries for its transfer to some other public department or authority who might desire to purchase it. Applications are referred accordingly to any department or authority for whose purpose the particular property is considered to be suitable.