Thank you to colleagues for their contributions. I'm grateful to Llyr Gruffydd's recognition that this amendment 2 is tabled specifically to address the concerns that he raised at Stage 2 of the passing of the Bill, which I think is a pragmatic response to concerns that he and I know other colleagues have raised. So, I've been pleased to table this amendment this afternoon. But I reiterate this point that this is still the maximum period reflected in the amendment and that Ministers can still choose to make the extension period shorter if they choose to do so.

As I highlighted earlier, I just want to thank Members for their constructive approach to discussions on this Bill. As we can see here today, I've been willing to try and take the opposition amendments on board and consult Members on the wording of some of our key Government amendments, and, as I said, the result of that work that we have done together now has really changed the Bill in a positive way, and I think that it is further improved as a result of the votes that are being held here this afternoon. The amendments, I think, around the review process, and the sunset clause particularly, show that the Bill is now very different to the one that first entered the Senedd. I'm still very much of that view that I want to develop the architecture that can guide the long-term changes to tax legislation here in Wales.

Looking ahead to Stage 4, I think that if this legislation were to fail, it would mean that, for the next few years, the Welsh Ministers, and potentially our taxpayers too, would be left in a very vulnerable position where we might not be able to respond effectively to tax policy changes made by the UK Government that impact on our Welsh taxes and consequently on our revenues and our public services here in Wales. And just to provide an example, in the event that the UK Government introduced a new charging regime, similar to the stamp duty land tax higher rates for additional dwellings, such as second homes, we could find ourselves in a situation where we are significantly out of pocket in Wales. Or if there was a UK Government change that particularly benefited, for example, those seeking to establish new farming businesses where we wished to bring in similar types of changes at pace to ensure that our taxpayers aren't disadvantaged, we could find ourselves unable to do that as well.

But I just want to highlight my keenness to continue to work with colleagues across the Senedd on that longer term architecture. I want to be able to tell taxpayers that we took the chance when we had it to protect them and to protect Welsh revenues, but while we're working on that important longer term architecture, and this is the opportunity for us to do that as we go along what's an important journey ahead of us.