asked the Chancellor of the Exchequer whether the assessment of claims upon the sum of £300 million set aside under the Town and Country Planning Act, 1947, is sufficiently far advanced to enable him to give the House an indication of the probable total of such claims when finally determined, and therefore of the possible scale of payments.
Yes. I am advised that the probable total should be in the region of £345 to £350 million. It seems probable that the so-called "near-ripe" classes of claimants, together with some other groups who have been led to expect preferential treatment, will not absorb more than about £100 million. If this proves to be the case, it would leave about £200 million available against the remaining claims of from £245 million to £250 million.