§ Sir J. Langford-Holtasked the Secretary of State for Prices and Consumer Protection on what grounds she bases her judgment expressed in paragraph 36 of Part I of Command Paper No. 6540, "Modifications to the Price Code", that "the taking of deposits from clients and the receipt of interest on such deposits, can be regarded as part of a normal trading activity of the firm"; and whether in view of the judgment in Northens v. White she will reconsider her position.
§ Mrs. Shirley WilliamsThe case which I assume the hon. Member has in mind (Northend (Inspector of Taxes) v. White Leonard and Corbin Greener and Others) is a tax case. I am not persuaded that identical principles are always appropriate for fiscal and price control purposes. I have, however, received a number of comments on the proposals in Command 6540, which I am considering.