§ Mr. Fauldsasked the Chancellor of the Exchequer whether it is his intention that all imports of works or art and antiques within the definition of eligibility contained in Customs and Excise Notice 712 shall be relieved of tax on importation into this country irrespective of the taxable status of the importer.
§ Mr. HigginsYes, within the limits explained in paragraph 12 of Customs and Excise Notice No. 712.
§ Mr. Fauldsasked the Chancellor of the Exchequer whether, in the light of the Government's latest statement, it is his intention to limit the profit margin charged by a dealer on sales of works of art and antiques to museums to 10 per cent.
§ Mr. HigginsNo.