HC Deb 17 April 1972 vol 835 cc189-90

Queen's Recommendation having been signified—

Resolved, That, for the purposes of any Act of the present Session to introduce a new system of housing subsidies for housing authorities; to provide for rent rebate and rent allowance schemes administered by housing authorities; to make provision as to the housing accounts of local authorities; to amend the law about rents of houses and in particular those subject to the Rent (Scotland) Act 1971 or provided by housing authorities; and to make other provisions as to housing finance, it is expedient to authorise payments out of money provided by Parliament as follows: — Housing subsidies for housing associations or the Housing Corporation as set out below—

  1. A. Special residual subsidy, that is a reducing sum based on the housing subsidies which would have been receivable but for the proposed repeal of sections 1 to 12 of the Housing (Financial Provisions) (Scotland) Act 1968.
  2. B. New building subsidy, that is 100 per cent. or less of the initial deficit incurred on any building scheme approved by the Secretary of State.
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  3. C. Improvement subsidy, that is 100 per cent. or less of the initial deficit incurred on any improvement scheme approved by the Secretary of State.—[Mr. Younger.]

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