Planning Bill

Perhaps I may help my noble friend. Network Rail is actually two separate companies. One is a regulated company that is purely to do with operating, maintaining and enhancing the network and the stations, and is not allowed to carry out property development as she suggests. That is the regulated company, which is the subject of my amendment. The other company, which can go off and develop headquarters, would of course pay CIL. I am referring to the first company, which is regulated and cannot do anything outside the regulated railway and the stations.