Thank you, Llywydd. I'm pleased to be able to contribute to this debate today as Chair of the Finance Committee. We have made 10 recommendations and, given the time available to me, I will focus on our main concerns.

This is the first Bill to be introduced this Senedd, so I think it is important to reflect the Finance Committee's view that the regulatory impact assessment accompanying the legislation should be a key tool for the Welsh Government to critically assess a range of methods and to provide an evidence-based approach to policy-making decisions. If, during our scrutiny work, we identify that further financial information is required that causes significant changes to the costs of Bills, we will ask Ministers to appear before the committee again to consider those changes fully. As a committee, we intend to hold the Welsh Government to account on these issues, and this view is reflected in our first recommendation.