§ Mr. Fauldsasked the Chancellor of the Exchequer, with reference to his reply of 3 July 1979 to the hon. Member for Warley, East concerning alternative ways in which the reasonable public access requirements of section 77(2)(b) of the Finance Act 1976 are regarded as having been met, if he will specify in detail in the Official Report the full explanations as supplied to persons seeking exemption which set out the number of alternative ways to which he refers whereby publicity may acceptably be given, other than by entry in the Victoria and Albert Museum list, under the alternative (d) in his reply while duly preserving in all cases the con- 372W sideration to which he attaches importance of not impairing the security of exempted objects.
§ Mr. Peter ReesThe ways in which the reasonable public access requirement of section 77(2)(b) of the Finance Act 1976 can be satisfied under alternative (d) as set out in my reply to the hon. Member on 3 July 1979 must depend on the particular circumstances of the individual case; flexibility is essential. Accordingly, when a person claiming conditional exemption from capital transfer tax in respect of a work of art proposes to meet the public access requirements under alternative (d), he is invited to submit his own proposals for giving appropriate publicity etc. and the proposals are considered in the light of the particular case. Claimants would be told that one possible way of publicising would be the inclusion of an entry in the list kept by the Victoria and Albert museum.