asked the Secretary of State for the Environment if he will provide evidence to illustrate the Minister for Housing and Construction's reply to the Written Question from the hon. Member for Hornsey on 12th June in which he stated that the proposed limits on rateable values for improvement grants in the White Paper "Better Homes—the Next Priorities" were more restrictive than the limits introduced on 2nd December 1974.
Statutory Instrument No. 2139/1973 sets out the formulae for converting gross values into rateable values. It shows that a gross value of £200 equates to a rateable value of £140 which in turn compares with the rateable value limit of £175 applicable, under the provisions of Section 62 of the Housing Act 1974, to relevant applications for improvement grant throughout England and Wales, other than in Greater London. A gross value of £400 equates to a rateable value of £306.