§ Miss Richardsonasked the Chancellor of the Exchequer in each of the last five years, how many (a) new deeds of covenant and (b) total existing deeds of covenant there were; and what information exists on the amounts for which deeds of covenant are currently being made.
§ Mr. RidleyThe numbers of new deeds of covenant submitted to the Inland Revenue during the last five years are as follows (to the nearest thousand):
Charities Others 1977 506,000 (181,000) 13,000 1978 563,000 (43,000) 16,000 1979 607,000 (207,000) 35,000 1980 656,000 50,000 1981 725,000 (15,000) 54,000 The figures in brackets represent deeds of covenant for two employee benevolent trusts and are not included in the totals; records have not been kept of the total number of other deeds of covenant for 1981. I regret that the remaining information is not available.