This Amendment deals with a matter which was raised on the Committee Stage. It was suggested that rentcharges, which are common in Northern England and the North of Ireland, should be entitled in certain cases to participate in value payments. My right hon. Friend promised to consider the point. He has come to the conclusion that the matter should be dealt with; but it has proved somewhat complicated, and the Amendment which is on the Paper does not provide leally for the various points. After a very short statement, I will recommend a certain course to the House. It might be useful if I briefly stated the points which have arisen. The first is, should a rentcharge participate only in cases where its amount is greater than the annual value of the hereditament after the damage—should it be entitled to participate merely by saying, "We are not covered as many times over as we used to be," or should it be necessary for the annual value of the hereditament to have sunk below the rentcharge? The second point is, should the rentcharge be treated as a claim against the freehold, and not against the property as a whole, on the ground that the interest of a lessee ought not to be affected?