§ Mr. Hoosonasked the Secretary of State for the Environment what is the latest estimate of the total capital value of land in the United Kingdom.
§ Mr. Hoosonasked the Secretary of State for the Environment what is the latest estimate for the gross and net annual value of all land in the United Kingdom.
§ Mr. OakesThe nearest figures I have are the rateable values for the countries in the United Kingdom at the beginning200W of the financial year 1975–76. These are, to the nearest £ million, £6,496 million in England, based on the level of values obtaining in the period immediately before the 1973 revaluation; £246 million in Wales, on the same basis; £318 million in Scotland, on 1971 revaluation levels and £19 million in Northern Ireland, on 1956 revaluation levels. I understand that the figure for £19 million in Northern Ireland will rise to about £131 million in the revaluation which takes effect on 1st April 1976.
§ Mr. Hoosonasked the Secretary of State for the Environment what is his Department's estimate for the gross annual revenue under the Community Land Act, based on 1975 values, during the first full year of operation of the Act.
§ Mr. OakesReceipts under the Community Land Act will come from the disposal of land bought under the Act. It would be unrealistic to expect significant receipts in the first year.