Scotland Bill - Committee (3rd Day)

Part of the debate – in the House of Lords at 4:15 pm on 22nd February 2016.

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Photo of Lord MacGregor of Pulham Market Lord MacGregor of Pulham Market Conservative 4:15 pm, 22nd February 2016

My Lords, I wish to intervene very briefly. We are indebted today to my noble friend Lord Forsyth for bringing this before the House. As a former chairman of the Economic Affairs Select Committee, a current member of the Constitution Committee and a former Chief Secretary to the Treasury, like the noble Lord, Lord Darling, with whose comments I very much agree, I would like to stress the absolute importance of this House being able to discuss the fiscal framework in some form or another, and its huge implications for the future of both Scotland and the rest of the United Kingdom, before the legislation is finally implemented. I support those who are making the point that, once the fiscal framework is published, we must have the opportunity to discuss it thoroughly before we can go further.