I will do, briefly; thank you, Deputy Presiding Officer. I just welcome the opportunity to hear from the Chair of the committee. The non-domestic rates system provides really vital revenue for funding local government services here in Wales. Revaluations do play an important role in ensuring that bills accurately reflect the market conditions and that non-domestic ratepayers contribute their fair share towards the costs of local government services. Of course, revaluation isn't a revenue-raising measure; it just maintains the fairness of the system by redistributing the liability for NDR to reflect the changes in the property market and business sectors.

In terms of the question as to why the UK Bill, including Welsh provisions in the UK Bill is necessary on this occasion to ensure that the VOA receives a timely statutory instruction to undertake its valuation work. There was no other suitable legislative vehicle in the current Senedd programme that could have given effect to the change of date of the revaluation in the very tight timescales that are required. But this action doesn't undermine devolution, and I do want to reiterate that I did make a decision about the next revalution date very carefully, considering all of the options. My decision then was that this Bill was the most effective way in which to implement our Welsh policy changes.

Thank you very much for the contributions from the committees to the scrutiny of this.