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Rather, the figure is an assessment of valuation at that date. As ever with assets, the value could increase by a future date, or it might decrease further.
Is it acceptable for the Government to say that it will provide the information by the end of this year, which could possibly be while we are in recess, when there is no opportunity for the Parliament to scrutinise it?
Scotland, unlike the UK, avoided entering recession in 2023. Earnings in Scotland grew by 8 per cent in 2023, which is faster than in any other part of the UK, including London and the south-east, and income tax revenues are growing faster in Scotland than in the rest of the UK.
Work to resolve that issue will be disruptive, but the plan is to take it forward during the summer recess. That will lead to a reduction in the need to operate in manual mode and will restore the integrity of the system.
The 2010 act requires that instruments subject to the negative procedure be laid at least 28 days before they come into force, not counting recess periods of more than four days.
The regulations are in breach of section 28(2) of the Interpretation and Legislative Reform (Scotland) Act 2010, which requires that an instrument subject to the negative procedure be laid “at least 28 days before the instrument comes into force”, not counting recess periods of more than four days.
In the meantime, if members—or, indeed, committees—wish to provide any comments on the use of the procedure, we would welcome any input prior to the Christmas recess.
Income and poverty statistics are always challenging because, generally, they are at best a year out of date when they arrive. Because of the pandemic, they have been even more out of date and less reliable.
Business Bulletins during the Summer Recess During the summer recess, Business Bulletins will be published once a week on each Monday, commencing from Monday 30 June until Monday 1 September, when normal publication will resume.