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Mr. Faulds
asked the Chancellor of the Exchequer what was the total market value of the assets of the National Land Fund on 31 March.
Mr. Biffen
[pursuant to his reply, 2 April 1980]; As at 31 March 1980, the assets of the National Land Fund totalled £14,160,408. As the hon. Member knows, the National Land Fund is being wound up. An amount of £15·5 million will be made available during 1980–81 for the National Heritage Memorial Fund, and continuation of the acceptance in lieu system and other outgoings formerly met from the land fund.