Part of the debate – in the Senedd at 6:13 pm on 13 March 2018.
Thank you, Llywydd. I'm happy to indicate that we will, of course, update the regulatory impact assessment. A number of the points made by the Chair of the Finance Committee I tried to deal with in the general principles debate, in particular the points about the voluntary levy and the cross-border issues as well.
On your point about a revenue decrease, officials from the Government have already raised this issue in discussion with Treasury, and there have not been thus far concerns raised by Treasury, but I will of course make sure the Assembly is kept up to date. I expect further scrutiny through the process and I look forward to dealing with these points again as we test amendments at Stage 2, to try and make sure that we deal with what I think is a broadly accepted policy rationale for the Bill and to make sure that we get the detail of it right in practice.