B

Baroness Smith of Llanfaes (PC)

Speaking in the House of Lords on 5 November 2024

Debate

Crown Estate Bill [HL]

Contribution

My Lords, I will speak to both amendments in this group. I thank the Minister for the comprehensive letters he wrote to Members who took part in Committee, addressing some of our unanswered questions. I will set out the context of how I am approaching this group. At Second Reading, I outlined clearly how the draft legislation did not deliver fairness for Wales for four key reasons: first, the Crown Estate profits will not be retained in Wales; secondly, the proposed changes to the Crown Estate board do not include Welsh representation; thirdly, expanding investment and borrowing powers for the Crown Estate may undermine the Welsh Government; and, finally, the Bill does not make provisions to promote the economic or social well-being of Wales. In Committee, I tabled three amendments, and my noble friend Lord Wigley tabled an additional three, which sought to remedy these four key issues from a Welsh perspective—issues on which Plaid Cymru has long campaigned.

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