Haulage Permits and Trailer Registration Bill [HL]

When my noble friend takes it away, can she also have a look at why we do not simply auction the permits? We auction all sorts of things: oil exploration rights, for instance. They are very valuable and they are auctioned. That seems a much more sensible way to allocate a scarce resource rather than first come, first serve, which seems to have all sorts of difficulties alluded to by the noble Lord, Lord Campbell-Savours, although he shakes his head vigorously.