HL Deb 26 November 1997 vol 583 c120WA
Lord Freyberg

asked Her Majesty's Government:

Whether they agree with Part I: 18 (Collections) of the 43rd Report of the Reviewing Committee for Export of Works of Art; and, if so, whether they intend to include collections within the Waverley system.

Lord McIntosh of Haringey

The Waverley system aims to maintain the balance between the rights of an individual to sell his or her property and the need to retain the nation's heritage. The Government has no plans to add to the three Waverley criteria which it considers work very well. In cases where collections are owned by an estate which must meet inheritance tax liabilities the acceptance in lieu scheme provides an incentive for owners to offer their property to the nation in lieu of that tax.