HC Deb 11 May 1936 vol 312 c164

Considered in Committee under Standing Order No. 69.

[Sir DENNIS HERBERT in the Chair.]

Resolved, That for the purposes of any Act of the present Session to amend the law with respect to Land Registration and the Insurance Fund established under the Land Transfer Act, 1897, it is expedient to authorise the payment out of the Consolidated fund—

  1. (a) of such sums as may become payable therefrom by reason of the repeal of the proviso to Section seventy-five of the Land Registration Act, 1925;
  2. (b) of such sums as may become necessary to enable the said Insurance Fund to pay indemnity for any loss chargeable thereon or to bring the value of the assets thereof up to a standard value;
and to authorise the payment out of the said Insurance Fund into the Exchequer of the amount by which the value of the assets of that fund at the end of any financial year exceeds that standard value."—(King's Recommendation signified.)—[The Attorney-General.]

Resolution to be reported To-morrow.

    c164
  1. LAND REGISTRATION ACT, 1925. 47 words