§ Mr. McLoughlinasked the Secretary of State for the Environment whether he has any plans to amend the cost floor regulations made under the Housing Act 1980 according to which any property built after 1974 cannot be sold at less than the cost of building; and if he will make a statement.
§ Mr. TraceyI shall answer this question shortly.
Source of aid Calendar Years (£ million net)1 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 Total European Regional Development Fund-quota — — 6.2 8.4 6.5 17.1 21.7 32.5 24.8 47.3 45.1 63.0 54.9 59.5 387.0 European Regional Development Fund non quota — — — — — — — — — 10.8 — 7.3 — 1.0 19.1 European Coal and Steel Community 0.05 0.02 51.9 29.7 2.9 102.2 23.6 37.1 68.6 28.5 44.6 16.0 — — 2405.2 European Investment Bank 14.9 8.2 35.3 38.6 12.4 33.5 196.6 14.4 0.7 13.1 23.1 13.2 47.1 325.3 4494.2 European Social Fund 2.7 3.5 5.0 4.5 7.9 4.6 6.8 9.9 1.8 2.9 24.5 1.5 3.3 5.2 84.1 European Agricultural Guidance and Guarantee Fund — 0.5 0.6 0.7 2.0 6.8 4.1 18.3 30.5 41.5 57.4 60.4 53.2 67.3 343.3 Total 17.65 12.22 99.0 81.9 31.7 164.2 252.8 112.2 126.4 144.1 194.7 161.4 158.5 158.3 41,732.9 1 Figures are net of decommitments which have been effected in the event of approved projects not proceeding as originally envisaged. 2 Figures for 1985 and 1986 are not available. 3 Figures available only to end of June 1986. 4 Total also includes £17.9 million which is attributable to multi-regional projects spread out over a number of years since 1973.