§ Mr. ROYDSasked whether, having regard to Section 26 (1) of the Finance (1909–10) Act, 1910, under which the Commissioners are to cause to be made a valuation of all land in the United Kingdom showing separately the total value and site value of the land, and to Section 25 (2), under which, in order to ascertain site value, the land is to be regarded as divested of any buildings and other structures, the valuers have been instructed in arriving at site value to regard the whole of the land in the United Kingdom as divested of any buildings in conformity with the provisions of the Act?
§ Mr. LLOYD GEORGEFor the purpose of estimating the full site value of any 427 particular hereditament, the hereditament is to be regarded as divested of buildings, etc.; but it is not necessary in making that particular valuation to regard every other hereditament in the United Kingdom as being also similarly divested.
§ Mr. ROYDSWill the right hon. Gentleman take the opinion of the Law Officers of the Crown on that point?
§ Mr. LLOYD GEORGEI do not care to ask the opinion of the Law Officers of the Crown on a hypothetical question. If it arises in connection with any particular case and there is any difficulty, of course we will seek their opinion.