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What are the panel’s views on project bank accounts? I am conscious that the threshold was £4 million—although I do not think that one project bank account was used when that was the threshold—and is now £2 million.
It would be difficult to see how you could audit that area separately, if we were to go down the route of having BBC Scotland layaccounts beside whatever report it made to the Scottish Parliament.
This measure is necessary because a significant number of RSLs may fail to comply with their statutory duty to submit their annual accounts to the Regulator. This is particularly urgent for RSLs whose accounts are due to be submitted by 30 June.
There is a choice between the UK emissions trading system, of which the devolved elements would be largely accountable to the Scottish Parliament, and a carbon emissions tax that would not be accountable to the Scottish Parliament because it would be reserved.