§ Sir C. Taylorasked the Chancellor of the Exchequer whether he will consider allowing trade associations to be treated in the same way as charitable institutions for tax purposes.
§ Mr. Patrick JenkinCharities are exempt from tax on, broadly, their investment income, but I can see no justification for a similar exemption for trade associations. If my hon. Friend has a particular problem in mind I should of course be happy to look at it.