Maintenance Funds (Hansard, 9 February 1990)

§ Mr. William Powell
To ask the Chancellor of the Exchequer how many applications for maintenance funds under the Finance Act 1982 have taken more than one year to process; and how many have taken more than two years.

§ Mr. Lilley
Of the applications for the establishment of a heritage maintenance fund which have been accepted, five have taken less than one year to process, four between one and two years and 47 more than two years.

§ Mr. William Powell
To ask the Chancellor of the Exchequer how many applications for maintenance funds under the Finance Act 1982 are currently under consideration.

§ Mr. Lilley
A total of 58 applications for the establishment of heritage maintenance funds are currently under consideration.
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§ Mr. William Powell
To ask the Chancellor of the Exchequer how many applications to establish maintenance funds have been made in each of the last two years.

§ Mr. Lilley
The total number of applications for the establishment of heritage maintenance funds received in the calendar years 1988 and 1989 was 13 and nine respectively.

§ Mr. William Powell
To ask the Chancellor of the Exchequer how many cases have occurred where permission has been given for the establishment of a maintenance fund under the Finance Act 1982 but where the fund has not thereafter been established with an endowment.

§ Mr. Lilley
The number of cases where a maintenance fund has not been established despite approval having been granted by the Inland Revenue or the Treasury is five.

§ Mr. William Powell
To ask the Chancellor of the Exchequer how many maintenance funds for heritage property have been established since the Finance Act 1982; and how many have an endowment of less than £20,000.

§ Mr. Lilley
A total number of 56 heritage maintenance funds have been established since the passage of the Finance Act 1982; of these four have an endowment which on establishment was less than £20,000.

§ Mr. William Powell
To ask the Chancellor of the Exchequer how many maintenance funds have been established under the Finance Act 1982 with more than one sector.

§ Mr. Lilley
Of the total of 56 maintenance funds established since the passage of the Finance Act 1982, 53 support heritage entities which include property designated under more than one of the categories contained in section 31(1) of the Inheritance Tax Act.

§ Mr. William Powell
To ask the Chancellor of the Exchequer what is the value of maintenance funds for heritage property established since the Finance Act 1982.

§ Mr. Lilley
It is not possible to provide a figure for the current value of property held by heritage maintenance funds.