(10 years, 11 months ago)
Grand CommitteeI do not think I can confirm that. The Government are in thinking mode on that. For reasons I have described, a lot of work is going on more generally on the levy. I am really saying to your Lordships that the Government are cautious about adopting broad reserve powers. Many of your Lordships would be concerned about the Government reserving those powers, and we are cautious about doing so for those reasons—but we are thinking about it. I am sorry that I cannot be more exacting than that.
My Lords, the Minister has responded in a very agreeable way, and I understand exactly what he is saying. Of course the amendment is probing. The Bill is primarily about taxation but gives us a good opportunity to discuss a number of matters that I imagine will have roughly the same kind of reaction from the Minister when he comes to them. So we are grateful for this assurance that the Government are thinking about what we have said, and we look forward to the future.