§ Mr. Fauldsasked the Chancellor of the Exchequer whether, with reference to his written answer to the hon. Member for Warley, East, Official Report, 14 July, column 419, in which he states that an owner of a destroyed heritage property which has been exempted from capital transfer tax can consider what steps that owner may himself be able to take in order to provide for the situation specified in the hon. Member's question on 14 July, he will indicate what steps to this end he has in mind which could be acceptable to the Commissioners of Inland Revenue.
§ Mr. Peter Rees[pursuant to his reply, 22 July 1980, c. 149–51]: The owner and his heirs could consider the possibility of a short term insurance against the potential liability; or, if the owner is married, he could bequeath the insurance proceeds to his spouse with a request that they should be used to buy replacement heritage property.