§ 32. Mr. Spearmanasked the Minister of Health if he will enable local authorities to purchase property at current market values, as under his present regulations they are unable to obtain the necessary premises
§ Mr. BevanThe basis of compensation on compulsory purchase was laid down by Parliament in the Town and Country Planning Act, 1947, and it is essential that local authorities should not pay more than this basis allows, as otherwise the purpose of the Act may be defeated.
§ Mr. SpearmanDoes not the right hon. Gentleman think that it would be in the public interest if he recognised the change in market values, which has largely come about through the inflationary policy of this Government?
§ Mr. BevanIt certainly would not help the Exchequer if they paid far more money than was necessary for the property.