Can the Secretary of State confirm that in terms of the principles underlying Smith, we have no detriment and no advantage simply because of devolution itself, and that there will be a negotiated financial framework between the Scottish and UK Governments for the devolution in this Bill? Of course, we already have limited borrowing consent under the Scotland Act 2012 to fill holes in revenue, notwithstanding that the repayment terms were too short. Can he confirm that under the “no detriment, no advantage” principles there will be a negotiated financial framework for this Bill, and that there are already revenue-borrowing powers in statute?
Scotland Bill
Proceeding contribution from
Stewart Hosie
(Scottish National Party)
in the House of Commons on Monday, 15 June 2015.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Scotland Bill.
About this proceeding contribution
Reference
597 c89 Session
2015-16Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2015-06-16 13:46:40 +0100
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