UK Parliament / Open data

Agriculture and Horticulture Development Board Order 2007

My Lords, I certainly do not want to make a meal of this—in fact I am thinking of a meal yet to come—but there is the whole question of ring fencing. The Minister has implied that levies collected by the subsidiary companies will not be ring fenced. I am trying to look at Article 6 to find where it says that each subsidiary company’s funding will be ring fenced. All I can see is that the levies themselves will be ring fenced in the sense that they will not be taken into general taxation. I cannot see any wording that says that the subsidiary companies’ funds are their own and will in no way be sacrificed for some general purpose, which is what the Minister has implied that Article 5(2) provides for.
Type
Proceeding contribution
Reference
696 c1676 
Session
2007-08
Chamber / Committee
House of Lords chamber
Back to top