I beg to move, in page 12, line 41, to leave out from the beginning, to "without," in line 42.

Encouraged by the success we have just had, I move this Amendment. I need not repeat what I have said about the Clause, but the fifth condition of being allowed to charge interest incurred overseas against assessment of Income Tax here is that the interest is paid to a person not resident in the United Kingdom. There are cases where persons have two residences, one in the United Kingdom and one elsewhere, and we wish to provide for the case where the payment of interest overseas is made to a person who is not only resident overseas, but also resident in the United Kingdom.