I move:—
That where provision has been made, or is made by the Act giving effect to this Resolution, for the granting, for the purposes of income tax (including sur-tax) and of corporation profits tax, of allowances in respect of depreciation, or in respect of capital expenditure, there shall be authorised a charge to income tax (including sur-tax) and, where appropriate, to corporation profits tax on any person to whom any such allowance has been granted if, when the property concerned ceases to belong to him, or is destroyed, or ceases to be used by him for the purposes of the trade, profession, employment, vocation or office in relation to which the allowance was granted, the amount, if any, of his capital expenditure on such property which has not been allowed for tax purposes is less than the value of such property, or the remains thereof, including any insurance moneys or other compensation receivable in respect of its destruction or loss.