§ Mr. Lomasasked the Minister of Land and Natural Resources if he will take steps to allow county and local authorities to pay interest on the capital sum involved when land is purchased from a private individual or organisation and a period of more than three months elapses between the decision to purchase and the payment of the amount due.
§ Mr. WilleyUntil land is conveyed to a local authority, or the authority enters on it by virtue of a notice of entry under compulsory purchase procedure, the vendor continues to enjoy the use of, or the income from, the land. However, if payment is delayed after notice of entry, and this may be as much the fault of the vendor as of the acquiring authority, interest is payable from the date of entry. I see no reason to change this practice.