§ Sir C. RAWSONasked the Chancellor of the Exchequer how many companies up to 5th April, 1930, had exercised their right under Section 18 of the Finance Act, 1928, of submitting their accounts to the special commissioners with a view to ascertaining their position in relation to Section 21 of the Finance Act, 1922; if any such applications were received, in how many eases did the special commissioners call for further information within 28 days of the Finance Act, 1928, Section 18 (2), intimate within three months that they intended to take further action under the Finance Act, 1928, Section 18 (3, a), or proceed to give a direction in relation to the company within six months under the Finance Act, 1928, Section 18 (3, b); and if he will state the total number of applica- 524W tions under the said Section 18 of the Finance Act, 1928, in respect to which the special commissioners deemed it unnecessary to issue a direction?
§ Mr. P. SNOWDENUp to 5th April, 1930, 125 applications under Section 18 of the Finance Act, 1928, were received. Further steps under the Section were taken by the special commissioners in 38 cases. Directions were issued in 13 cases. In 111 cases no direction was issued. One application is still under consideration.