§ Mr. Deedes
I beg to move, in page 26, line 7, at the end to insert:
Perhaps we could take this Amendment together with the next Amendment, which is linked with it.
Section 65 … After the word "lists)" there shall be inserted the words "and subsection (3A) of that section (which relates to certain contributions made by the Crown in respect of such property)."
The Amendment is made necessary because of the arrangements which the Treasury valuer will have to undertake to determine the value of Crown properties in tone with the new lists. Crown property is exempt from rates but the Exchequer makes a contribution in lieu, as we discussed earlier this afternoon. Then the value is discussed between the Treasury valuer and the rating authority.
In the interim, while discussions are going on—they cannot be concluded before 1st April. 1956—the Exchequer will pay contributions in 1956–57 based on the new rate poundages and the values existing in 1955–56. The value of this contribution will subsequently be revised for that year as well as 1957–58 and subsequent years. The rating authority will finally receive a contribution based on both the new values and the new rate poundages. The main adjustments in contributions will take place retrospectively in 1957–58.
This is a precautionary measure. It is to cover a situation which may arise where the Treasury valuer has been unable to complete the work by April, 1957. It is a precaution which we think desirable.
§ Amendment agreed to.
Further Amendment made: In page 26, line 12, at beginning insert:
In section sixty-four, in paragraph (b) of subsection (3), after the word "and" there shall be inserted the words "(subject to the next following subsection)"; and after subsection (3) the following subsection shall be inserted:—
(3A) Where such a contribution is made for the financial year beginning with the date of the coming into force of a new valuation
list made under Part III of the Local Government Act, 1948, for the rating area in which the hereditament is situated (in this subsection referred to as 'the first year of the new list'),—
Provided that nothing in paragraphs (c) and (d) of this subsection shall affect the ascertainment of totals for any year subsequent to the first year of the new list."—[Mr. Deedes.
§ Schedule, as amended, agreed to.
§ Sixth Schedule agreed to.