§ 100. Mr. Remnantasked the Minister of Transport how the cash, provided by the payment by individuals of 2s. 6d. in the £ on the value of articles lost on the London Passenger Transport Board rail service when reclaiming them, is dealt with.
§ Mr. BarnesThe Regulations made by the Minister of Transport in 1933 provide that claimants of lost property shall pay a fee of sixpence for every £1 or part £1 of the value of the property, and, if the value is £1 or more, an additional sum of one-tenth of that value.
The fee accrues to the London Transport Executive towards the cost of administering the lost property scheme, and the additional sum is paid by the Executive to a general fund formed for the benefit of its employees.