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Finance Bill

May I make two observations? First, farming is different, as many farm buildings are specialised. With the best will in the world, a milking parlour cannot be converted into flats—it is a particular building on which a farmer makes an investment decision, considering the fact that it will depreciate in value over time. Secondly, to take up the point made by the hon. Member for South-East Cambridgeshire (Mr. Paice), the changes in tenancy law have resulted in more farm business tenancies. In some respects, tenant farmers are better able to get on to the land, but they may lose the advantage of not being subject to discrimination because they are unable, as a result of the shorter tenancies, to secure those benefits. We must consider the way in which we give those farmers incentives to invest in their business, otherwise they will never take it forward.