§ Mr. G. M. Thomsonasked the Secretary of State for the Colonies if he will give details of the basis of valuation for the estates and farms already purchased by the Kenya Government for their land settlement scheme.
§ Mr. Iain MacleodAny land purchased will be on a willing buyer willing seller basis. The Settlement Board applies the 1959 valuation of the land concerned, adjusted as necessary to conform with variations in produce prices between 1959 and the year of purchase. The price offered will be the sum of the valuation of the land and fixed improvements with a ceiling value fixed for dwelling houses.
§ Mr. G. M. Thomsonasked the Secretary of State for the Colonies whether the revision of land rentals for leasehold in the Kenya Highlands has now been completed; and if he will give details of the new rates.
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§ Mr. Iain MacleodThe valuation of all lands in the Highlands and elsewhere, leased by the Crown for agricultural purposes, to determine rents to be payable during the 30 year period commencing 1st January, 1961, was completed in 1960. The revised rent from 1st January, 1961, is one per cent. of the unimproved value of the land as valued in 1960.