§ 37. Mr. ROYDSasked the Chancellor of the Exchequer whether, seeing that his refusal to introduce legislation enabling Government valuers, in arriving at site value of agricultural land, to make allowance for improvements which only enhance the value of the land for agricultural purposes is based on the fact that the effect of such allowance would be prejudicially to affect the taxpayer in the matter of Increment Value Duty, he will give an undertaking that site values of agricultural land arrived at under the present method shall be used for no purposes other than the assessment of Increment Value Duty?
§ Mr. LLOYD GEORGEI have no power to utilise these or any other valuations for any fiscal purpose otherwise than in accordance with the provisions of statutes to which this House has given its consent; consequently an undertaking on my part is quite superfluous.