§ Mr. Fauldsasked the Chancellor of the Exchequer whether it remains his policy to accept, in conformity with a Written Answer to the hon. Member for Warley, East, Official Report, 23rd July 1973, c. 283, the National Art Collections Fund as an appropriate and eligible institution or a body to be specified in a will as a recipient by a testator who directs that works of art should be offered in satisfaction of capital transfer tax conditionally on their passing to the Fund.
§ Mr. Joel BarnettYes—testators are still free to name the National Art Collec-240W tions Fund as the ultimate recipient of an object which is to be offered in lieu of tax.
§ Mr. Fauldsasked the Chancellor of the Exchequer if he will list the works of art and other items which were accepted by the Treasury in satisfaction of capital taxes during the year between 31st March 1976 and 31st March 1977, specifying in each individual instance the relative payment to the Commissioners of Inland Revenue in respect of capital taxes on those objects which are borne by the National Land Fund.
§ Mr. Joel BarnettThe items which were accepted between 31st March 1976 and 31st March 1977 are as follows:
£ (a) Landed Properties Stackpole Estate, Pembrokeshire 475,000 (b) Chattels associated with certain buildings Clandon Park, Surrey 76,790 Attingham Park, Shropshire 29,794 (c) Objects or collections of preeminent aesthetic or historic interest: A collection of ships' figureheads and other maritime objects 91,000 The Blenheim Archives—a collection of letters and manuscripts 342,329* The Seafield Collection of arms and armour 213,058* The Newhailes Collection of books and manuscripts 45,582* The Elton Collection of the History of Science and Technology 111,525* A 12th Century English Ivory Liturgical Comb 95,680 A sheet of studies in pen and ink and wash for "The Finding of Moses" by Paolo Veronese 11,340 The drawings by Rembrandt Van Rijn, "A Group of Musicians Listening to a Flute Player", "Tobias and Sara" and "Sacrifice of Manoah" 96,220 Portraits by Sir Anthony Van Dyck, Albert de Ligne, Prince of Brabancon and Arenberg, Rachel de Ruvigny, Countess of Southampton, Penelope Wriothesely, wife of William 2nd Lord Spencer 190,575 Several items of porcelain including Meissen figures 69,425 Total 1,848,318 * Including expenses Total expenditure from the National Land Fund during the period including the above 241W payments was £2,143,000. This sum includes reimbursement of expenses incurred by the Secretaries of State for the Environment and Scotland in respect of expenditure by them on buildings of outstanding historic and architectural interest.