Sir E. Boyle
I beg to move, in page 37, line 26, column 3, at the beginning to insert:
This Amendment corrects an omission in Part II of the Sixth Schedule which covers the Stamp Duty repeals. The head of charge Bill of exchange payable on demand" is being repealed by Section 30 (1) of the Bill, and all other existing references to bills of exchange payable on demand are also being repealed by the Schedule. The Schedule, however, does not at present repeal the definition of bill of exchange payable on demand" in Section 32 of the Stamp Act, 1891. It is clearly wrong to retain this definition. The Amendment accordingly repeals it. I doubt whether anybody in the House —I am not sure that even the hon. Member for Kilmarnock (Mr. Ross), unless he were very well up in the 1891 Act—would have noticed this point. A constituent of my hon. Friend the Member for Southport (Mr. Percival) drew my attention to this matter. Quite clearly, on the merits of the case, he was right and it was only right to table the Amendment.In section thirty-two, the words "the expression 'bill of exchange payable on demand' includes" and in paragraph (b) the words from "and sent" to the end.
I am glad to know that the Government have one intelligent supporter.
Amendment agreed to.
Bill to be read the Third time Tomorrow and to be printed [Bill 148].