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

Part of the debate – in the House of Lords at 8:00 pm on 22nd February 2016.

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Photo of Lord Kerr of Kinlochard Lord Kerr of Kinlochard Crossbench 8:00 pm, 22nd February 2016

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?