Proceeding contribution from Lord Greenhalgh (Conservative) in the House of Lords on Monday, 22 February 2021. It occurred during Ministerial statement on Building Safety.
Building Safety
My Lords, we will continue to push very hard to ensure that developers make their contribution. As I pointed out, historically we have seen developers and building owners step forward and pay for the remediation and removal of unsafe cladding that is on their buildings, and we will continue to push developers to do the right thing. However, the levy and the new tax are set to raise significant sums of money. The tax itself is estimated to raise £2 billion over 10 years.
Secondary information
- Type
- Proceeding contribution
- Reference
- 810 c630
- Session
- 2019-21
- Chamber / Committee
- House of Lords chamber
- Subjects
- Finance Fees and charges Leasehold Fire prevention Government assistance Mortgages Loans Property development Safety Valuation Taxation Repairs and maintenance High rise flats Composite materials
- Link
- View this Proceeding contribution on hansard.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-30 04:34:47 +0100
- URI
- http://hansard.intranet.data.parliament.uk/Lords/2021-02-22/2102225000019
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