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That is fine.

That regulates the what, but it does not regulate the who, which I think is Dr Robbie’s point.

Is that fixable within the bill?

Thanks.

Dr Robbie, you mentioned natural capital regulation not being part of the bill. What sort of form do you think that regulation could take? Also, for Mr Macleod, could that regulation deliver more certainty for investors, depending on what it looked like?

They are not set out in law, though, are they?

I will be quick, convener. I have been struck by how we discharge the obligation on climate. Perhaps I could direct this question to Mr Macleod. You will be aware that the Scottish Government is looking at a carbon land tax. Would you agree that creating a mechanism and a financial incentive is the best way to do that? You have said that a lot of your clients desperately want to move forward with their investments in this area. Would a carbon land tax be an appropriate way forward? Could something on how landowners are meeting their obligations under a carbon land tax go into land management plans?

So, the issue is wealth in its broadest sense—not just land ownership but what the land generates.

Yes. I want to ask about the witnesses’ views on resumption—in other words, a landlord’s ability to take back land under a tenancy agreement before the lease is concluded. I think that Ms Watt and Mr Dunlop both have concerns about the provisions in the bill.

You have already mentioned last week’s evidence from the Scottish Land Commission, which is concerned about the imbalance between compensation that is available on resumption and those who are offered an incontestable notice to quit. Ms Watt, do you want to comment on that?