HC Deb 04 December 1947 vol 445 cc88-9W
64. Colonel Dower

asked the Chancellor of the Exchequer if, in cases where heavy cost of works, war damage, has occurred to houses which have been rendered uninhabitable thereby, and licences to repair have been refused over a period of years causing depreciation to the buildings, such houses may be converted into a value payment or interest paid to the beneficial owners who have been deprived of any return over a long period.

Mr. Glenvil Hall

Section 13 of the War Damage Act, 1943, empowers the War Damage Commission to comply with applications by owners for converted value payments in such cases. The Commission have no power to pay interest on a cost of works payment.