§ Mr. Cormackasked the Chancellor of the Exchequer how many requests for financial contributions from the National Land Fund have been refused since it was established in 1946.
§ Mr. Joel BarnettI will let the hon. Member have a reply as soon as possible.
§ Mr. Cormackasked the Chancellor of the Exchequer whether the National Land Fund is part of the Consolidated Fund.
§ Mr. Joel BarnettNo.
§ Mr. Cormackasked the Chancellor of the Exchequer why payments from the National Land Fund accounts are regarded as public expenditure.
§ Mr. Joel BarnettBecause they are made in respect of the acquisition by Government of property from the private sector.
§ Mr. Cormackasked the Chancellor of the Exchequer whether he has received a formel request for the resources of the National Land Fund to be used for the purchase of Mentmore Towers and its contents; if so, when the request was made; and what sum was involved.
§ Mr. Joel BarnettI will let the hon. Member have a reply as soon as possible.
§ Mr. Fauldsasked the Chancellor of the Exchequer what is the total of assets at market value of the National Land Fund standing to its credit on 31st March 1977, and what, during the year ending 31st March 1977, was (a) the total sum of receipts credited to the National Land Fund and (b) the total sum of payments made from the National Land Fund.
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§ Mr. Joel BarnettThe current market value of the National Land Fund assets is about £17,725,000. Since 1st April 1976, receipts of £1,740,000 have been credited to the Fund and payments totalling £2,143,000 have been made. The precise figures for the year ended 31st March 1977 are not yet available but will be published in due course in the National Land Fund Accounts.