§ Mrs. Millie Millerasked the Chancellor of the Exchequer what is the rôle of the capital note in company transactions with the Inland Revenue and the effect of their existence on receipts to the national Exchequer.
§ Mr. Robert SheldonThe expression "capital notes" has been used to describe loan stock units, and the same tax rules and effects exist for them as for loan stock and other such securities by reference to their terms.