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National Land Fund

Volume 928: debated on Friday 25 March 1977

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asked the Chancellor of the Exchequer what percentage of interest has accrued to the Land Fund from 31st March 1976 to 28th February 1977.

The amount of interest received in the perod 31st March 1976 to 28th February 1977 was £1,407,000. The market value of the capital of the National Land Fund at 31st March 1976 was £17,525,000. On this capital the percentage of interest received in the period was 8 per cent. or about 8¾ per cent. per annum.