Council Tax (New Valuation Lists for England) Bill

My hon. Friend is making an excellent speech, but I echo the comment of my hon. Friend the Member for New Forest, West (Mr. Swayne) that it raises many questions. His explanation of the equalisation system suggests that local authorities whose rateable value is below average have a disincentive to go for revaluation, because if their council tax base increases they would lose the benefit of the transfers from south to north that penalise council tax payers in my constituency.