With this it will be convenient to discuss the following:
Clauses 2 to 4 stand part.
That the schedule be the First schedule to the Bill.
Clauses 5 and 6 stand part.
New clause 1—Report on operation of the relief—
“(1) The Secretary of State shall, by 30 September 2018, lay a report before Parliament containing an assessment of the operation of the relief in the 2017-18 financial year.
(2) The report shall include an account of—
(a) the impact upon the level of local authority income raised through non-domestic rating,
(b) the level of investment likely to have been stimulated by the proposed relief, and the scope for extending the relief to other forms of investment,
(c) whether the duration of the relief is appropriate,
(d) the views of those subject to charge of non-domestic rates on the relief, and
(e) the efficacy of the existing mechanism for distribution of relief.”