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The second, from SERAD, is provided at the committee's request, and explains the order.We are obliged to take into account the report from the Subordinate Legislation Committee, which was published on 25 January.
From next year, the code of practice in local authority accounting will require all councils in the United Kingdom to account for pension arrangements.
Essentially, the same issues are examined by the same authority, with the same factors being taken into account. Those are important aspects of the bill.
The formula also includes the costs to operators of having to put in additional resources. There is compensation to take account of lost fares and an adjustment to take account of people who are now travelling who would not previously have travelled.