§ Mr. Bessell
asked the Minister of Agriculture, Fisheries and Food whether, in view of the 5 per cent. increase in the retail price of agricultural tractors, he will abolish the 5 per cent. reduction in grant operating from 1st January, 1969.
§ Mr. John Mackie
No. There has not been a 5 per cent. increase in price since the rate of grant reverted to 10 per cent. on 1st January this year. But, in any event, since grant is paid on a percentage basis it automatically reflects any increase in retail prices which occurs.