§ Dr. David ClarkTo ask the Chancellor of the Exchequer what arrangements are imposed upon a landowner for the payment of tax if the agreement for inheritance tax exemptions on national heritage land of outstanding scenic, historic or scientific interest has been broken; and if he will make a statement.
§ Mr. MaudeIf a landowner breaks an undertaking given in respect of conditionally exempt land, inheritance tax is chargeable on the current value of the property.