12:00 pm
Dan Rogerson (North Cornwall, Liberal Democrat)
The point, which Mr. Raynsford raised, about whether there needs to be a 30 per cent. cut off to get around the veto is very important. Do you agree that the lower the business contribution, the easier it ought to be for alternative sources to be found, if the business community decided that it did not want to go ahead and contribute. Therefore, it is not a veto at all; in fact it is really saying, “We do not think that this is the appropriate mechanism to fund that project and if other people in the community want to do it, they need to go away and find another way of doing so”.