§ 60. Mr. Roseasked the Minister of Housing and Local Government whether he will seek to amend the Mortgage Option Scheme other than by provisions for opting out, in the light of changed taxation provisions following the increase in family allowances.
§ Mr. MacCollNo. Changes in family allowances or other taxation provisions can render an option mortgage less favourable or more so as can changes in personal circumstances. But to amend the scheme whenever such changes occur would add greatly to the difficulties of working it.