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Lords Amendment: In page 8, line 39, after "price" insert:
as may be specified in the offer or, if the person to whom the offer is made so elects in accepting the offer, at such price.
Mr. HudsonThis is the first of two drafting Amendments to make it clear that the period of three months mentioned in Sub-section (4) of the Clause shall be a period during which negotiations as to the price at which the land is to be offered for repurchase may be discussed between the two parties. During the Committee stage the hon. Member for Monmouth (Mr. Pym) and the hon. Member for North Aberdeen (Mr. Garro Jones) raised the question whether the offer would be tied to a price or whether the price would be subject to negotiation. The Amendment makes it clear that the price will be named when the offer is made and that it will be open to the person to whom the offer is made to accept it at that price or to negotiate an amended price within three months, or, failing agreement and in the knowledge of the price asked by the Minister, to accept the offer to repurchase subject to arbitration as to the price.
§ Question put, and agreed to.
§ Remaining Lords Amendment, in page 9, line 2, agreed to.