I do not have a specific figure, and let me tell the hon. Gentleman why. If bonds are issued in such a way as to generate revenue, that revenue can be used in one sense to offset the level of the loans. That is why I am not being prescriptive about the amount. What I am saying is that the cumulative £2.2 billion is too low for the reasons that I have explained and that the code of practice would allow us to take into consideration all the sustainability and affordability issues and reach a figure that would be much more appropriate. I am not going to be prescriptive; it would be wrong for me to do that.
Scotland Bill
Proceeding contribution from
Stewart Hosie
(Scottish National Party)
in the House of Commons on Monday, 14 March 2011.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Scotland Bill.
Type
Proceeding contribution
Reference
525 c116 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 15:01:49 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_725084
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_725084
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_725084