Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:44 pm on 5 July 2017.
I mentioned the mutual investment model, but I understand, from what he Cabinet Secretary said this morning, that he does not believe that the issue, identified as part of the decision over the Circuit of Wales, has any bearing on the classification regarding the mutual investment model. Could he say a little bit more about why he has come to that view, and, if so, was not a similar approach considered for the Circuit of Wales project? Can he also say if he’s aware, in this case, whether any of the following were contacted to give their advice or guidance in relation to the Circuit of Wales balance sheet classification issue? I’ll read them out slowly: her Majesty’s Treasury public expenditure classifications team; the Office for National Statistics’ economic statistics classifications team; the ONS economic statistics classification committee; and, finally, Eurostat’s committee on monetary, financial and balance of payments statistics.