12

=

30

I would also emphasise that I consider Ordinance 28 prepared by Pudney to be suitable only as an interim measure pending the introduction of a normal Income Tax.

40

Consider that introduction of increased taxation should not be deferred beyond 1st April, 1947, at the latest and I trust that it will be possible to arrange programme for this legislation accordingly.

5.

Draft Ordinance has not repeat not been seen by my legal Advisore.

1.

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