M

Member

Speaking in the House of Lords on 14 October 2024

Debate

Crown Estate Bill [HL]

Contribution

On these Benches, we greatly appreciated the commitment from the Minister at Second Reading to publish the business case, subject to the removal of sensitive information. At Second Reading, the Minister also very generously agreed to publish a version of the framework agreement. The framework agreement sets out the broad principles, such as the limits on overall loan to value ratios and the requirement for borrowing to be at market rates. Is the Minister still of the opinion that it would be possible to publish the business case, subject to the removal of commercially sensitive information, and a short version of the intended framework agreement prior to Report? I understand that the proposed content of the framework agreement was promised to be delivered prior to today’s Committee.

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