Scotland Bill - Committee (3rd Day) (Continued)

Part of the debate – in the House of Lords at 7:45 pm on 22nd February 2016.

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Photo of Lord Dunlop Lord Dunlop The Parliamentary Under-Secretary of State for Scotland 7:45 pm, 22nd February 2016

As I said, the Smith agreement is a set of high-level principles. The negotiations are about how the two Governments apply those principles in practice. When, as I hope, the fiscal framework is agreed shortly, the noble and learned Lord will see how the two Governments have reached an agreement as to how these principles will apply in practice. That is what the discussions that have been going on for the past months have been all about.