The review will look at how the funding arrangement is operating against the Smith agreement. I remind the House, because this is often forgotten, that the Smith agreement says that it should,
“aim to bring about a durable but responsive democratic constitutional settlement, which maintains Scotland’s place in the UK and enhances mutual cooperation and partnership working”,
“not cause detriment to the UK as a whole nor to any of its constituent parts”.
That is something that the review in five years’ time is going to have to take into account.