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Mr. McLoughlin
asked the Secretary of State for the Environment whether he has any plans to amend the cost floor regulations made under the Housing Act 1980 according to which any property built after 1974 cannot be sold at less than the cost of building; and if he will make a statement.
Mr. Tracey
I shall answer this question shortly.
Source of aid | Calendar Years (£ million net)1 | ||||||||||||||
1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | Total | |
European Regional Development Fund-quota | — | — | 6·2 | 8·4 | 6·5 | 17·1 | 21·7 | 32·5 | 24·8 | 47·3 | 45·1 | 63·0 | 54·9 | 59·5 | 387·0 |
European Regional Development Fund non quota | — | — | — | — | — | — | — | — | — | 10·8 | — | 7·3 | — | 1·0 | 19·1 |
European Coal and Steel Community | 0·05 | 0·02 | 51·9 | 29·7 | 2·9 | 102·2 | 23·6 | 37·1 | 68·6 | 28·5 | 44·6 | 16·0 | — | — | 2405·2 |
European Investment Bank | 14·9 | 8·2 | 35·3 | 38·6 | 12·4 | 33·5 | 196·6 | 14·4 | 0·7 | 13·1 | 23·1 | 13·2 | 47·1 | 325·3 | 4494·2 |
European Social Fund | 2·7 | 3·5 | 5·0 | 4·5 | 7·9 | 4·6 | 6·8 | 9·9 | 1·8 | 2·9 | 24·5 | 1·5 | 3·3 | 5·2 | 84·1 |
European Agricultural Guidance and Guarantee Fund | — | 0·5 | 0·6 | 0·7 | 2·0 | 6·8 | 4·1 | 18·3 | 30·5 | 41·5 | 57·4 | 60·4 | 53·2 | 67·3 | 343·3 |
Total | 17·65 | 12·22 | 99·0 | 81·9 | 31·7 | 164·2 | 252·8 | 112·2 | 126·4 | 144·1 | 194·7 | 161·4 | 158·5 | 158·3 | 41,732·9 |
1 Figures are net of decommitments which have been effected in the event of approved projects not proceeding as originally envisaged. | |||||||||||||||
2 Figures for 1985 and 1986 are not available. | |||||||||||||||
3 Figures available only to end of June 1986. | |||||||||||||||
4 Total also includes £17·9 million which is attributable to multi-regional projects spread out over a number of years since 1973. |