I move:
(1) That there shall be charged, levied, and paid for and upon every licence (in this Resolution referred to as a moneylender's licence) to act and carry on business as a moneylender issued under any Act passed or to be passed during the financial year beginning on the 1st day of April, 1930, an excise duty at the following rates, that is to say:—
(a) on a moneylender's licence expiring on the 31st day of July, 1931—ten pounds.
(b) on a moneylender's licence expiring on the 31st day of July in any year other than the year 1931, and taken out within six months before such expiry—ten pounds.
(c) on any other moneylender's licence—fifteen pounds.
(2) That where it is proved to the satisfaction of the Revenue Commissioners that there is in force an excise licence to carry on the business of a pawnbroker at any premises in respect of which one or more moneylender's licences is or are taken out by the individual or individuals carrying on such business the Revenue Commissioners shall,
(a) where only one such moneylender's licence is so taken out, remit or, if the duty has been paid, repay one-half of the duty on such licence, and
(b) where two or more such money lenders' licences are so taken out, remit or, if the duty has been paid, repay one-half of the duty on such one of such licences as is first taken out.
This motion arises out of the Moneylenders Bill introduced by Deputy Little. When the Bill was before the House I promised him that the charging clause which he had in the Bill and which, it was considered, would be more appropriately included in the Finance Bill, would be the subject of a Financial Resolution. Owing to an oversight the Resolution was not before the House this day week, and I am now proposing it. It is identical with the purport of the first section of the Bill as introduced by Deputy Little.