HC Deb 11 July 1969 vol 786 c336W
Mr. David Howell

asked the Chancellor of the Exchequer what estimates he has made of the cost to the banks of administering the provisions of Clause 18 of the Finance Bill.

Mr. Harold Lever

I have no reason to think that Clause 18 of the Finance Bill will involve the banks in any administrative costs.

Mr. Dean

asked the Chancellor of the Exchequer whether the Inland Revenue will require taxpayers to keep duplicate bank accounts so as to be able to separate out interest charged on allowable items from interest charged on disallowable items under Clause 18 of the Finance Bill.

Mr. Harold Lever

No.

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