The noble Lord said that this is not the most controversial element. In fact, he implied that it was not controversial at all. In that case, do we have to wait for all the difficult bits of the fiscal framework to be agreed before we see the easy bits coming out if there are outcomes there? My noble friend Lord Turnbull is right that this Bill would be better if there were a provision in it on borrowing. I do not know whether my language is correct but this is different from the 1998 Act. We are explicitly laying down the mechanism for settling these limits because it is a reasonable assumption that there will be much more borrowing. I think it is desirable to amend the 1998 Act and, if we are going to do that, why not do it in this Bill?
Scotland Bill
Proceeding contribution from
Lord Kerr of Kinlochard
(Crossbench)
in the House of Lords on Monday, 22 February 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
769 c91 
Session
2015-16
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2016-02-24 16:10:36 +0000
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