UK Parliament / Open data

Infrastructure Bill [HL]

I am grateful to the Minister for that detailed response. I accept that there are some points on which we shall have some follow-up, particularly on easements. On matters of tax, the particular point I sought to probe was: at the point when the land goes from the HCA—or the GLA, if that is what it is—to a private sector developer, what is the basis on which it acquires that land? Is the developer thereby getting a tax break? Is the value of its land uplifted or is it reduced somehow? I do not expect the Minister to deal with that in detail today but I would be grateful if there could be some follow-up on it. We accept the assurance that there will be procedures in place to make sure that the owning department will have to sign off on any transfer and that it would only be surplus, as the Minister described.

4.30 pm

Type
Proceeding contribution
Reference
755 c227GC 
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
Back to top