– in the House of Commons am 12:00 am ar 31 Hydref 1947.
May we have a short explanation from the Financial Secretary of the reason for this Order?
This Order is to reduce the tax on tub pairs and sculls, of not less than nine feet in length, from 33⅓ to 16⅔ per cent. It follows a promise given by my right hon. Friend the Chancellor when the Finance Bill was before the House some months ago. It was agreed that it would help racing crews who use these craft for practice if the tax were reduced.