HC Deb 10 February 1972 vol 830 cc431-2W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer what has been the cost to date of the scheme whereby farmers who buy new farm machinery before August, 1972, get 70 per cent. of the cost from the Government; and to what extent the present rules and regulations of the European Economic Community permit this scheme.

Mr. Patrick Jenkin

The information asked for in the first part of the Question is not available. The United Kingdom system of depreciation allowances (which provides for an 80 per cent. First-year allowance on qualifying capital expenditure incurred before 1st August, 1973), to which the Question presumably refers, is not affected by the current rules and regulations of the E.E.C.