Business Rate Supplements Bill

We are getting a little bit closer—I thank the Minister for that—but we are not quite there, because all the partners are not necessarily equal. The amendment stipulates that representatives—obviously, not all—of those people who are contributing to the project be present. The noble Baroness, Lady Hamwee, rightly said that it may be analogous with shareholder/stakeholder involvement, where there may be representatives on the board to look after the shareholders’ interests, and that it might be entirely appropriate that, on projects of this nature, where we are borrowing a lot of that language in talking about ballots and prospectuses, we see that through and say, "Yes, there ought certainly to be some business representation on the board, not simply for tokenism but to monitor that the promised benefits are delivered".