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We have been greatly encouraged by a visit to Wales, because the Welsh appear to have got the scheme right. It has simplicity and accountability and people are free to travel at any time on any bus in Wales.
It takes away the democratic edge and accountability from applications. Part of the inquiry is to understand the need for accountability and to gauge public feeling and response.
Let us suppose that you have awarded a project £100,000 to £150,000. Would you ask for audited accounts now and again? Yes. We would ask for audited accounts annually.