§ Sir R. Taskerasked the Chancellor of the Exchequer why, in view of the fact that the value of a property is determined under the War Damage Act as that obtaining in 1939, for the purpose of probate the estimated value of property is that ruling in 1944.
§ Sir J. AndersonI would refer my hon. Friend to the provisions of Section 7 (5) of the Finance Act, 1894, from which he will see that the basis of valuation for estate duty purposes of property passing on a death, is the market value at the time of death.