asked the Chancellor of the Exchequer whether he is satisfied with the workings of section 68 of the Capital Allowances Act 1968; and if he will make a statement.
I refer my hon. Friend to the corporation tax Green Paper—Cmnd. 8456—published in January in which the form and scope of the capital allowance system is discussed and on which representations have been invited. I shall be pleased to consider any views he may wish to offer.