§ Mr. John Hallasked the Secretary of State for Air if he will now make a further statement about the terms of the lease of Chalgrove Airfield to the Martin-Baker Aircraft Company.
181W
§ Mr. H. FraserThe lease to the Martin-Baker Aircraft Company is for 99 years from 25th March, 1964.
The Company has covenanted in the lease not to put the land or buildings to any industrial use other than for research and development work on ejection equipment and purposes ancillary thereto. Any land not used for these purposes could only be used for agriculture and the Company have the right to grant licences for this use.
The Company may terminate the lease at any time on giving not less than six months' notice. The Secretary of State will have all the usual remedies of a landlord if at any time the Company fails to perform any of its covenants contained in the lease.
If so required by the Oxfordshire County Council (or other competent highway authority) within 21 years from the beginning of the lease the Company will make available free of charge the land (about 8 acres) for the building of a new road to the south of the airfield. {Provision will be made separately for rights of access by certain former owners across the airfield pending the building of a new road on the North West side of the airfield.)