§ Mr. Sainsburyasked the Secretary of State for the Environment whether the cost of preparing land accounts, as required under Sections 43 and 44 of the Community Land Act 1975, and as described in Circular 5/76 will be admissible expenditure.
§ Mr. John SilkinYes.
§ Mr. Sainsburyasked the Secretary of State for the Environment who is responsible for preparing the estimated value of leases for land accounts required to be kept under Sections 43 and 44 of the Community Land Act, 1975, and as described in Statement V of Circular 5/76; and what directions he intends to give as the basis of valuation.
§ Mr. John SilkinLand accounts will be drawn up by local authorities. Final details of the procedures are under discussion with the local authority associations.