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The stability and security of the yield is tied to any system of taxation that is based on profits or employment effects. In times of recession, when unemployment rose and profitability dropped, whoever received the tax—whether the Executive or local government—would find the yield dropping.
So it is possible for you to withdraw the draft regulations and to bring them back before the summer recess. It is possible for us to withdraw the draft regulations and to lay them again before the summer recess.
The agreement to have the draft budget report published before the end of the summer recess will allow the new Parliament to analyse properly the new figures in circumstances that would otherwise have been difficult.
I hope that, soon after the summer recess and as soon as the Lord President's functions can be carried out to allow the judges to respond to the consultation, we will be able to have a debate in Executive time on the consultation document.
However, the convener would not allow that motion to be heard.I turn to the stage 3 amendments that were lodged by the Executive during the recess and not published until Monday.