§ 22 Colonel DAYasked the Parliamentary Secretary to the Overseas Trade Department the amount realised by the sale of the. British Empire Exhibition?
§ 26. Mr. DUNNICOasked the Parliamentary Secretary to the Overseas Trade Department whether he is able to inform the House of the price paid for the Wembley site; and whether he has satisfied himself as to the bona fides of the purchasers?
Mr. SAMUELI am informed by the liquidators that immediately after the auction on the 15th June, an offer was made for the property which they decided to accept. A contract is now being prepared, and as soon as the contracts have been exchanged, the name of the purchasers and the amount of the purchase money will be given. I am confident that the liquidators will have taken all necessary steps to satisfy themselves as to the bona fides of the purchasers.
§ Colonel DAYCan the hon. Gentleman say when this contract will be signed?
§ Mr. MACQUISTENHas the usual 10 per cent. deposit been paid?
Mr. SAMUELI have not the slightest doubt that the gentlemen who are acting as liquidators will use every possible precaution to see that everything is done in the usual and proper way.
§ Colonel DAYIf I put down this question on this day week, will the hon. Gentleman then be able to give a reply?
Mr. SAMUELI cannot tell what may happen between now and this day week, and I am anxious not to interfere or to do anything which might impede a settlement.
§ Mr. PENNYIs it not the practice that no money passes until the contract has actually been signed and exchanged?