§ 68. Mr. Allaun
asked the Minister of Housing and Local Government when he intends to introduce legislation embodying the White Paper of 24th November, as far as the increase in council house building subsidies is concerned; how much this item will cost the Exchequer in the first year of operation; and if this item will be maintained at the same figure even if general market rates are reduced below their present level of 61 per cent.
§ Mr. Mellish
I would refer my hon. Friend to the Housing Subsidies Bill which was presented on 2nd December and in particular to paragraph 16 of the Explanatory and Financial Memorandum.