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Mr. Pym
asked the Chancellor of the Exchequer (1) what studies have been made of the effects of the proposed capital transfer tax on agricultural holdings;(2) if he will make a statement on the effects of the capital transfer tax on agricultural production in the United Kingdom;(3) if he is now able to make a statement on the effects of the capital transfer tax on the future planting programmes of private foresters.
Mr. Joel Barnett
I shall let the right hon. Member have a reply as soon as possible.