I move:
(1) That Section 16 (which relates to the abolition of limited aggregation of certain settled property) of the Finance Act, 1907, shall be repealed so far as relates to persons dying after the passing of the Act to give effect to this resolution.
(2) That sub-section (2) of Section 12 (which relates to the amendment of Section 4 of the Finance Act, 1894, as to aggregation) of the Finance Act, 1900, shall be repealed except so far as relates to persons dying before the 19th day of April, 1907.
Resolution No. 15 deals with the aggregation of estates for the purpose of assessing Estate Duties. We would not have introduced this change but for the fact that it has been introduced by the British, and under the double taxation relief arrangements if we did not make the change we would lose about £10,000 a year for the benefit of the British Exchequer and, consequently, we make a change which will let us retain the £10,000 and give us £15,000 in addition.