§ Mr. NEWMANasked the Chancellor of the Exchequer whether, in the valuation of Irish rural hereditaments as prescribed by Part I. of the Finance Act, the value of the tenant-right is taken into consideration in arriving at the gross and total value; and, if so, whether he will state how without inquiry it is possible to determine the capital value of tenant-right in any particular case?
44W
§ Mr. LLOYD GEORGEAs I explained in reply to the hon. Baronet, the Member for the Ayr Burghs, on 9th April last, no general answer can be given as it is impossible to say, without knowing fully the facts of any particular case, whether the tenant-right in question ought or ought not to be included in arriving at the values referred to. I may, however, add that information as to sales of the occupier's interest in each district is available, and would form a guide for determining its value; in some cases inspection would also be necessary.