§ Mr. FELL
asked if the arrears of taxation for the year 1909–10 were, when collected, to be placed to the credit of the year 1910–11; and, if so, would they be devoted, as collected, to the repayment of the money borrowed to make up the deficit in the 1909–10; and, if so, under what authority would this be done?
§ Mr. LLOYD-GEORGE
The answer to the first two questions is in the affirmative. The authority is Section 11 of the Exchequer and Audit Departments Act, 1866 (29 and 30 Vict. c. 39) and Section 1 of the Treasury (Temporary Borrowing) Act, 1910.