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Acceptance In Lieu

Volume 171: debated on Tuesday 1 May 1990

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To ask the Minister for the Arts whether he will list the objects and property accepted in satisfaction of inheritance tax and capital transfer tax during the financial year ended 31 March; if he will specify (a) the amount of tax satisfied in each case,(b) whether any offers of objects carried conditions as to destination,(c) the dates in each case of the recommendations received by him from the Museums and Galleries Commission for the acceptance of objects, (d) the total for the financial year of the tax thus satisfied and (e) the means by which that total has been covered in the public accounts; and whether a press notice will be issued by the Office of Arts and Libraries comprising the information given in his reply.

[ holding answer 30 April 1990]: The information that the hon. Member requests is as follows:

ItemTax satisfied £Date MGC recommendations received
1Collection of Coins418,429·206 January 1989
1Painting by Rubens169,852·4826 January 1988
1Portrait of Sir Alexander Carew103,976·428 April 1989
1'"Quai a Pontoise" by Pissarro73,040·0020 June 1989
Islamic tiles42,000·008 August 1989
"Farm Cart with Horse in Harness" by Constable50,025·0025 April 1989
1Collection of modern paintings82,742·006 October 1989
Harpsichord25,276·9516 October 1989
1Woodcut by Munch57,539·0025 May 1989
1Painting by Beechey151,489·0023 November 1989
"Richmond pres Londres" by Corot361,500·0019 January 1990
1Painting by Van der Heyden2,800,000·0015 January 1990
1Painting by de Heere527,898·003 October 1989
1Two portraits by Gainsborough, one by Rubens and a landscape by Seghers6,650,000·0015 January 1990
Those offers marked

1 carried conditions as to their destinations.

The total tax satisfied in the financial year 1989–90 was £11,513,768·05. A total of £1 million was charged to the vote for royal palaces, royal parks, historic buildings, ancient monuments and the national heritage (class X, vote 4) and £10,513,768·05 was charged to the vote for arts and the heritage (class XIII, vote 2).

Press notices have already been issued announcing the acceptance of all these items.