Finance Bill

I was speaking to amendment No. 7, the purport of which is to provide that regulations under the clause will be in place for only a year. One of the reasons why I am minded to support the amendment is that I think that we need a bigger and better scheme, and that may need a combination of primary and secondary legislation. I am quite sure that the House would be interested to know why the scheme that the Minister is defending is so narrow. That is the burden of the argument that we are having today.