§ Mr. Lewisasked the Chancellor of the Exchequer what liability is imposed upon a mortgagee with regard to the contribution of 10s. in the pound on the net Schedule A assessment for the period of risk from September, I939, to August, 1941, due under the War Damage Act, in the event of the mortgage being paid off in September, 1941; and is his proportion of the contribution confined to the first instalment of 2s., due during the first year, or is he liable to contribute to the four subsequent annual instalments of 2s. which will fall due after the mortgage has, in this case, been paid off?
§ Sir K. WoodThe liability of a mortgagee in respect of any instalment of contribution under Part I of the War Damage Act depends upon the position at the relevant date, namely, 1st January, in the year in which that instalment becomes due. In the case put forward by my hon. Friend, therefore, the mortgagee would be liable for his appropriate proportion of the first instalment but not in respect of the subsequent instalments.