§ 66. Major Sir A. SINCLAIRasked the Under-Secretary to the Scottish Board of Health whether he is yet in a position to announce the terms of reference to the Land Court in connection with the readjustment of the rent and interest charges to be paid by ex-service men on holdings constituted by the Board of Agriculture for Scotland since the War?
§ Captain ELLIOTFor holdings constituted by the Board of Agriculture during the four years ending Martinmas, 1922, the Land Court will be asked to assess the present value, as to an incoming holder, of the buildings, keeping in view that any loans advanced by the Board to holders will be repayable over a period of 50 years by means of an annuity of £4 per £100 borrowed, payable half-yearly in equal instalments at the terms of Whitsunday and Martinmas. The Court will also be asked to fix the term of Whitsunday or Martinmas from which annuities in repayment of loans based on the Court's valuation should be collected. As regards holdings on estates owned by the Board, the Land Court will also be asked to fix the fair rents and the terms from which rents should be collected.
§ Sir A. SINCLAIRWill the tenants have the right to be made statutory small tenants, instead of landholders, if they want it?
§ Captain ELLIOTI am afraid I must ask for notice of that question.