Hansard

Community Land Money

Volume 891: debated on Tuesday 29 April 1975

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Queen's Recommendation having been signified—

Resolved,

That, for the purposes of any Act of the present Session to enable local authorities and certain other authorities to acquire, manage and deal with land suitable for development, to make other provision for and in connection with the public ownership of land, and to amend planning law and the rules for assessing the value of land where compensation is payable, it is expedient to authorise:

A. Payments out of moneys provided by Parliament as follows.

  • 1. Expenditure by the Secretary of State in establishing a Land Authority for Wales, and other expenditure incurred by him in connection with the Authority before its establishment.
  • 2. Expenditure of the Secretary of State in respect of financial hardship tribunals.
  • 3. Payments by government departments in compliance with orders of financial hardship tribunals.
  • 4. Expenditure of the Secretary of State in acquiring land under provisions relating to unoccupied office premises.
  • 5. Grants made by the Secretary of State to authorities who acquire land or any interest in land from the Crown.
  • 6. Expenditure incurred by the Secretary of State—
  • (a) in exercising functions transferred to him from any authority, or
  • (b) in establishing any body to exercise functions transferred to the body from any authority.
  • 7. Any administrative expenses of the Secretary of State.
  • 8. Any increase in money payable out of money provided by Parliament under any other Act which is attributable to the provisions of the said Act of the present Session.

    • B. Payments out of the Consolidated Fund or National Loans Fund as follows.

  • 1. Sums required by the Treasury for fulfilling any guarantee of, or of interest on, sums borrowed by the Land Authority for Wales.
  • 2. Sums required by the Secretary of State to make loans to that Authority, so long as the principal amount outstanding of any money borrowed by the Authority plus any initial debt to the Secretary of State assumed by the Authority cannot exceed £40 million or such greater amount not exceeding £60 million as the Secretary of State may specify by order.
  • 3. Any increase in money payable out of either Fund under any other Act which is attributable to the provision of the said Act of the present Session.

    • C. Any payment into the Consolidated Fund or the National Loans Fund.-[ Mr. Walter Harrison.]