Meeting of the Parliament 16 June 2015
I assure you, Deputy Presiding Officer, that this will be a short speech, because there is not much left to say on the bill.
It has been an interesting debate, but I must emphasise one thing, which is that I believe that the bill is not about the anti-privatisation agenda, however well it might achieve that objective by other means. This is the result of the fact that a quirk of previous legislation means that the minister has the power to require ports to prepare a plan for privatisation and brings into question whether they are outside or inside the control of the minister. The bill will clarify that misunderstanding or doubt to ensure that we do not have a situation in which, as a result of the ONS’s decision, the ports fall within the responsibility of the minister, and their borrowing falls within the responsibility of the Government.