HL Deb 10 July 1924 vol 58 cc469-70

Provision relating to augmentation of stipend.

2. In ascertaining the amount of the available teinds the victual teind and stipend shall be converted according to the average of the fiars price for the five years preceding the year in which an application is made, or, if that average is less than the standard value then according to the standard value.

THE LORD CHANCELLOR moved to omit from the second clause the words "or, if that average is less than the standard value then according to the standard value," and insert: Provided that—

  1. (a) if in the ease of victual teind that average is lees than the value as determined in accordance with paragraph 3 of the Fifth Schedule to this Act, the victual teind shall be converted in accordance with that paragraph; and
  2. (b) if in the case of victual stipend that average is less than the standard value, the victual stipend shall be converted according to the standard value."

Amendment moved— Fourth Schedule, page 30, line 31, leave out from ("made") to the end of line 32 and insert the said proviso.—(The Lord Chancellor.)

On Question, Amendment agreed to.

Amendment moved— Fifth Schedule, page 32, line 10, leave out ("six") and insert ("eighteen").—(The Lord Chancellor.)

On Question, Amendment agreed to.

Sixth Schedule: