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Requisitioned Properties (Rentals)

Volume 411: debated on Tuesday 29 May 1945

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asked the Chancellor of the Exchequer what arrangements are being made to raise the rental payments made for requisitioned property to the standard levels of 1939, particularly in districts such as South end, where the property of small owners was requisitioned by his Department several years ago at rents below the standard level of 1939.

Section 2 (1) (a) of the Compensation (Defence) Act, 1939, lays down that the compensation payable shall be

"a sum equal to the rent which might reasonably be expected to be payable by a tenant in occupation of the land, during the period for which possession of the land is retained in the exercise of emergency powers, under a lease granted immediately before the beginning of that period."
I would, however, draw the attention of my hon. Friend to Clause 45 of the Requisitioned Land and War Works Bill, as amended, which is designed to enable rents lower than those obtainable on 31st March, 1939, to be revised as from a day to be appointed.