---

Finance Bill

I did in fact take part in the debate in Committee, where I asked a question about definition and validity of the tax incentives. When the Economic Secretary considered the matter, he said:"““We may need to make the measure more generous, or we may find when we look in advance of 2012 that we were more generous that we needed to be and that there is a lot of dead-weight cost.””—[Official Report, Finance Public Bill Committee, 15 May 2007; c. 143.]" That brings me to the very point that we are discussing. He is speaking about alignment in relation to the planning system, building regulations, stamp duty, definitions and all sorts of other issues. He has offered an interim review. Given that there is a requirement in the Government’s mind that all the measures should be aligned across legislatures and in local government, would it not make sense to have a more frequent annual review that the industry, and developers and builders in particular, know about in advance, to ensure that the alignment continues and that he gets the linear trajectory that he expects?