Diolch yn fawr, Llywydd. Members will have noted from the regulatory impact assessment the current uncertainty regarding the administrative and other costs of the Bill. The Bill operates to preserve EU law by way of regulations made by Welsh Ministers. It is simply not possible, in the uncertain circumstances in which we find ourselves, to quantify accurately the volume of the secondary legislation required, the costs of the corrections of the deficiencies, and the nature and impact of new UK legislation and frameworks. We have therefore decided to follow the position on uncertainty regarding costs taken by the UK Government in relation to the EU withdrawal Bill and the Scottish Government in relation to its continuity Bill.

There will be administrative costs that fall to us, Llywydd, that arise irrespective of whether it is the EU withdrawal Bill or the LDEU Bill that delivers legal continuity in relation to Wales. These costs are an inevitable outcome of the decision to leave the European Union and I think we have no choice but to bear them, if that decision is to be implemented in an orderly way. I hope that Members will support the financial resolution this afternoon.