§ Mr. Fauldsasked the Chancellor of the Exchequer whether, with reference to 615W the exemption referred to in the question asked by the hon. Member for Warley, East which was the subject of written answer, Official Report 28 March, c. 722, it is a fact consequent upon that answer that the extent of the withholding by the Commissioners of Inland Revenue of the statutory tax exemption in question has had the effect of proportionately increasing the amounts debited to the National Land Fund in favour of the Commissioners in respect of tax forgone by their acceptance of objects in order to satisfy tax debts due on other property; and whether the tax credits extented by the Commissioners to tax debtors in respect of objects thus surrendered have been diminished to the extent that such statutory tax exemption has been withheld by the Commissioners, resulting in a higher proportion of the relevant tax debts being discharged by direct payment to the Commissioners.
§ Mr. Peter Rees[pursuant to his reply, 14 April 1980]; Clearly the application of the douceur arrangements affects the amount debited to the National Land Fund and the amount of tax which is satisfied by the object accepted in lieu. But in each case the amounts are the same and the amount paid by the National Land Fund is equal to the amount by which the relevant tax debts have been satisfied.