Mr. THOMSONasked the Minister of Health if he will state, when calculating the deficiency as between rents obtained for houses erected under housing schemes and economic rent, what percentages are allowed, respectively, for interest, sinking fund, repairs, management, and losses?
Mr. CHAMBERLAINIn ascertaining the deficiency under assisted housing schemes, the actual interest and sinking fund charges incurred by the local authority with the approval of the Minister are allowed. As far as regards repairs, management and losses, the percentages are as follow:
Per cent. of rent. Repairs 15 Management 5 Losses (if any) 5