§ 103. Mr. Sparks
asked the Chancellor of the Exchequer what is the total amount of claims approved for compensation for loss of development value arising from the provisions of the Town and Country Planning Act, 1947; and when he proposes that such claims shall be paid.163W
§ Mr. R. A. Butler
The total development value of the claims on the £300 million reported to the Central Land Board up to 31st May, 1952, was just over £240 million. About 15 per cent. of the claims had then still to be reported, and there is no reason to modify the estimate already given that the final total development value will be of the order of £345-£350 million. I hope that the Government will be able to state their intentions about the payment of claims before long.
OILS CHARGEABLE WITH CUSTOMS DUTY Class Quantity Receipts Gallons £ Light Oils … … 1,791,087,417 169,192,331 of which motor (including aviation) spirit … … (1,737,923,143) (164,136,944) Heavy Oils for use as road fuel … … 283,789,103 26,868,576 Other Heavy Oils … … 4,133,156,682 666,210 of which fully rebateable … … (3,973,273,313)
OILS CHARGEABLE WITH EXCISE DUTY Light Oils 72,599,483 4,125,076 of which motor (including aviation) spirit (32,155,694) (1,822,182) Heavy Oils for use as road fuel 22,401,397 1,284,012 TOTAL £202,136,205 Allowances under Section 8 (4) of the Finance (No. 2) Act, 1945 1,588,138 NET TOTAL £200,548,067