HC Deb 17 April 1935 vol 300 cc1858-60W
Sir A. SINCLAIR

asked the Secretary of State for Scotland the average valued net cost on current or recent schemes of settling a qualified applicant, respectively, on a family farm of about 50 acres, on a market garden of about 10 acres, on a pig and poultry farm of about 10 acres, on a market garden of about five acres, and on a poultry farm of about five acres; and what rate of interest is used in calculating the average valued net cost?

Sir G. COLLINS

Figures compiled from current or recent completed schemes show that the average valued net cost to the State of settling qualified applicants on family farms (average 47⅓acres) and on holdings of the intensive type (average seven acres) suitable for development as market gardens or for poultry, pigs, or fruit, is £688 and £237 respectively. The use to which holdings of the intensive type are put does not affect the valued net cost. The rate of interest assumed in calculating the average valued net cost is 5 per cent per annum.