I thank the noble Baroness for her extremely comprehensive response to this debate. I suspect that, in an hour or two’s time, we will all be able to complete an examination on this extraordinarily complicated subject. It really is not easy for anybody. I thank the noble Earl, Lord Lytton, for his review from a professional point of view as to what the effects of these amendments might be, and I thank the noble Earl, Lord Caithness, for his extremely useful contribution. I also thank the officials whom we met some three or four weeks ago to discuss the amendments.
However, I want to make the point, which I did right at the beginning—I am sorry for making it again—that there was a consultation process. I am not talking about the Law Commission; I am talking about the consultation with the experts in this industry. The experts came from all sides, including local authorities, landowners and everybody in between. The consultation took place at the same time as the Bill started its progress through both Houses, and the Government’s response arrived last week. I cannot believe that much issue was taken by the Government on any of the points raised during that consultation process.
Our meeting with the officials was largely about that consultation process. We got the result last week. However, we have not really had any proper discussion on what was said in those comments. As I have said before, most of them were somewhat negative or very negative. I would welcome a meeting with the Minister and my colleagues to go through some of those responses in greater detail, because they bring up huge matters of principle in the property industry. In such an important industry, it is very important that there is confidence in how compulsory purchase and property ownership take place, and how we look at hope value, development value, et cetera. All that needs a little bit more work.
I still think that we are using the wrong instrument to crack this issue of hope value. It should be done through the taxation system, whether it is through the community infrastructure levy or Section 108, et cetera. All landowners need to be treated on an equal basis; we cannot have some people being taken out and hung out to dry. I would welcome that meeting. On the basis that we can have it, I beg leave to withdraw my amendment.