HC Deb 22 May 1973 vol 857 cc66-7W
Mr. Knox

asked the Chancellor of the Exchequer if any further works of art have recently been accepted in lieu of estate duty under the provisions of Section 34 of the Finance Act 1956.

Mr. Nott

Yes. A Chinese Chippendale cabinet and two paintings, "La Roche Guyon, 1887" by Auguste Renoir and "Bateaux en Hollande pres de Zaandam" by Claude Monet, have been accepted under these provisions. The total cost to the National Land Fund, after allowing for exemption from estate duty and capital gains tax, is £66,600. The Paymaster-General, after taking advice from the Standing Commission on Museums and Galleries, will in due course announce the destinations of these works of art.

1968–69 1969–70 1970–71 1971–72 1972–73
£ £ £ £ £
Highlands and Islands Shipping Services Act 1960 835,349 750,690 947,352 800,653 960,929
Congested Districts (Scotland) Act 1897 (piers and harbours) 65,040 65,638 170,566 301,093 540,321
Transport Act 1968 (rural bus and ferry services) 59,263 144,583 252,182
900,389 816,328 1,177,181 1,246,329 1,753,432

In addition, the Highlands and Islands Development Board has given help to a number of small local ferries by way of grants and loans as follows:

£
1968–69 450
1969–70 2,700
1970–71 4,600
1971–72 1,900
1972–73 4,700