§ 18. Sir W. Wakefieldasked the Chancellor of the Exchequer whether the proposed rating valuations for 1963-64 will be used as a basis for new future revaluation.
§ Mr. Boyd-CarpenterThe law prescribes quinquennial rating valuations. For future revaluations, as for that which comes into force shortly, properties are required to be valued by reference to the level of rents then current.
§ Mr. K. LewisCan I be assured that, in cases where the new rates to be levied show a smaller increase than in many other places, my right hon. Friend the Chancellor of the Exchequer will count this for efficiency? Where this applies to a small county, as it applies to the County of Rutland, will he have a word with his right hon. Friend the Minister of Housing and Local Government and draw his attention to this efficiency?
§ Mr. Boyd-CarpenterI always admire the skill and adroitness with which my hon. Friend defends the interests of the County of Rutland.