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STATUTE LAW REVISION: SIXTEENTH ... - Law Commission

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expectation that planning permission might one day be granted. The main<br />

objectives of the 1967 Act were to ensure that-<br />

“the right land is available at the right time for the implementation of<br />

national, regional and local plans; and ... to secure that a substantial<br />

part of the development value created by the community returns to<br />

the community, and that the burden of the cost of land for essential<br />

purposes is reduced.” 3<br />

A body known as the Land <strong>Commission</strong> was established to provide the administrative<br />

machinery to operate the levy.<br />

4.2 In the event betterment levy did not succeed in its objectives and was abolished<br />

by the Land <strong>Commission</strong> (Dissolution) Act 1971. 4 That Act repealed a number of<br />

the provisions established to support the levy, including the Land <strong>Commission</strong><br />

itself which was dissolved on 1 May 1971. However, much of the operational<br />

machinery was left unrepealed to deal with outstanding cases. These provisions<br />

are now obsolete and may be repealed. Their repeal will involve a number of<br />

consequential repeals of enactments, including the 1971 Act itself. There are<br />

also a number of consequential amendments which are set out in Schedule 2 to<br />

the Bill. The Treasury, the Department of the Environment, the Scottish Office<br />

and the Welsh Office have been consulted and have no objection to the repeals.<br />

26 Group 3 - Development of Tourism<br />

27 Development of Tourism Act 1969, Part II<br />

4.1 Part II of the Development of Tourism Act 1969 set up a scheme for financial<br />

assistance for hotel development by Tourist Boards within Great Britain.<br />

Applications for grants or loans had to be made before April 1973 whilst loan<br />

repayments had to be made within a maximum of 20 years. The last grants were<br />

made many years ago and no more will be made. There are no outstanding<br />

loans. Part II of the 1969 Act together with Schedules 3 and 4 to the Act and<br />

certain provisions in section 19 are therefore spent or unnecessary or otherwise<br />

of no practical utility and may safely be repealed. These repeals would permit<br />

the consequential repeal of a number of other provisions which have previously<br />

amended Part II. The Department of National Heritage, the Scottish Office<br />

Education and Industry Department and the Welsh Office, as sponsoring<br />

departments of the three Tourist Boards, have been consulted and have no<br />

objection to the proposed repeals.<br />

28 Group 4 - Loan Societies<br />

4.1 Loan Societies were institutions for establishing funds for making small loans at<br />

interest to the industrious classes, the loans to be repaid by instalments. 5 The<br />

3<br />

Parl. Deb. (Hansard) HL Vol 277 col 1072, 14 November 1966, Lord Chancellor (Gardiner)<br />

moving second reading of the Bill.<br />

4 Later attempts at taxing development gains in land also proved short-lived. A tax on<br />

development gains was established by Part III of the Finance Act 1974. That was<br />

superseded by development land tax under the Development Land Tax Act 1976 which<br />

itself was abolished by the Finance Act 1985.<br />

5 Loan Societies Act 1840, s.3.<br />

61

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