HC Deb 02 July 1969 vol 786 cc418-9
24. Mr. Evelyn King

asked the Minister of Agriculture, Fisheries and Food if, in considering price review calculations, he took account of increased interest rates on property paid by the farming community.

Mr. John Mackie

Yes, Sir.

Mr. King

Does that apply to purchases not only of land but also mainly of machinery and materials?

Mr. Mackie

Yes, Sir. All interest rates are taken into account in the Price Review. The national farm is treated as if it were a tenanted farm.