In my experience, the number of short-term agreements are increasing rather than decreasing. The number of contractual, Gladstone v. Bower agreements have actually increased over the past few years, because of uncertainty in the industry about embarking on full landlord and tenant letting under the 1986 legislation. I hope that the Bill will reverse that trend. I agree with the Opposition that longer-term lettings are wanted; only then can the tenant secure borrowings and plan for a proper farm system. I hope that the industry will have the confidence to let for reasonable terms, to give younger tenants more opportunities.
I pay sincere tribute to my right hon. Friend the Minister for playing a major part in changes to inheritance tax legislation: equalising relief for let and vacant land is a major plank and will encourage lettings. But I would like him to go slightly further. There are two other tax impediments that may—