I welcome this new Clause. As I indicated in a Question to the Minister yesterday, I wish that the 1939 standard could also be replaced for the people who are to get the original value payments, as well as those who will get the converted value payments. I agree with the Minister that this new Clause will end the dispute which has been raging ever since it was announced that the cost of works payments in reconstruction areas would be converted to value payments, and that it will end a great sense of injustice in all cur bombed cities. I wish to ask how long the people who will get the converted value payment will have to wait for pay- ment of their claims. I understood my right hon. Friend to say that the converted payment will be met in toto to the local Authorities, and that the local authority will be responsible for compensating the people whose properties they are acquiring. But in badly 'blitzed cities such as Plymouth, Hull and Bristol, the acquisition will be spread over a consider-able period. In some cases it would create great hardship if people had to wait perhaps for a period of years, before they could get the compensation due to them on account of properties which had been destroyed. I am sure that if the Minister can reassure us on that point—that where money is needed by the people who will be the recipients of these payments, the money will be available—everyone will welcome the fact that the new Clause is being introduced.