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De-Rating (Business Premises)

Volume 531: debated on Thursday 28 October 1954

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asked the Minister of Housing and Local Government the total allowance for 1953 for which business premises and land were exempted, respectively, under the De-Rating Act.

The Local Government Act, 1929, exempted agricultural land from rates and, since then, it has not been valued for rating. I cannot therefore say what is the value of the exemption. In respect of industrial premises, the 75 per cent. exception involves a figure of about £37 million.