The Earl of Caithness (Con)

My Lords, I put my name to Amendment 211. I support what my noble friend Lord Roborough said on it, and indeed what my noble friend Lord Sandhurst said on his amendment. I was a chartered surveyor back in 1976 when development land tax was introduced, and I recall the disastrous effect it had on the market for land becoming available for development. There is no doubt that clauses such as those we have in the Bill will have the same deleterious effect on the natural process of buying and selling land and encouraging landowners to provide land for development and therefore fulfil some of the housing needs of this country. It seems to me quite wrong to get rid of hope value in the way that the Government are doing. It is not, in the words of my noble friend Lord Sandhurst, a fair deal. It is unjust. I too remember the Crichel Down case, which my noble friend mentioned. In fact, I remember talking to Lord Nugent of Guildford, the Minister who resigned over the affair. That shows how old I am now, but it reinforces my dislike of the chances of the land not being returned to the original owner. That is the purport of Amendment 211. I wish my noble friend Lord Nugent was still alive and in his place, because he would be able to give an erudite summary of the difficult problems. I hope that the Government will think again on this issue.