§ Mr. BRIDGEMANasked the Chancellor of the Exchequer when he expects to have completed all the land valuations of the United Kingdom; and what proportion of the whole number have already been made?
§ Mr. LLOYD GEORGEIt is anticipated that the valuation will be completed within a period of about five years from the passing of the Finance (1909–10) Act, 1910. Approximately 4 per cent. of the valuations have been already made. But the preliminary inquiries extending over all the properties in the United Kingdom have occupied up to the present a considerable proportion of the time of the valuers.
§ Mr. BRIDGEMANIs the right hon. Gentleman aware that the Lord Advocate said it would be completed next year?
§ Mr. LLOYD GEORGEI should like to verify that quotation. I am very doubtful whether the Lord Advocate made such a statement. I have repeatedly stated in this House and outside that it would take five years.