They are quite close—[Interruption.] They are on the same side of the country at least. The hon. Gentleman and I had a discussion earlier about employee share incentives. The principle is clear, and it is eminently capable of being debated and decided by politicians, but if anybody thought that the resulting legislation was clear, they need only look at schedule 3. The technical wording needed to achieve what the politicians decree is immensely complex. We need to draw a distinction between the policy principles that politicians can—and must in a democratically accountable society—make, and the technical implementation of those principles, which is the stuff of experts.
Finance Bill
Proceeding contribution from
Lord Hammond of Runnymede
(Conservative)
in the House of Commons on Wednesday, 2 July 2008.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
478 c876-7 
Session
2007-08
Chamber / Committee
House of Commons chamber
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2023-12-16 00:47:11 +0000
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