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It retains its independence as to whether it follows our advice, but in practice it has done so. To date, we have submitted 12 pieces of advice to the Court of Appeal.
If rates liability were calculated as a percentage of net profit, how would that accommodate the vagaries of the economic cycle? We have had two major recessions in the past 20 years, which impacted substantially on the profitability of companies.
She also referred to the research that is being done on promoting social inclusion and said that the delivery date would be some time in the near future.