The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 1110 contributions
Public Audit Committee
Meeting date: 11 May 2023
Bill Kidd
That is perfectly reasonable. That will happen this tax year—is that right?
Public Audit Committee
Meeting date: 11 May 2023
Bill Kidd
In the interim, would it be possible for the committee to receive by correspondence a summary of issues covered by the board? The Finance and Public Administration Committee has such an arrangement and it receives a summary letter from the Cabinet Secretary for Finance when the quadrilateral meetings of UK finance ministers occur. Could that sort of correspondence be introduced to cover the period between now and when the minutes are published?
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
It is always nice to have minor disagreement among witnesses.
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
Are you suggesting that a charitable trust, for instance, could be hijacked into becoming a private business while still using the frontage of that trust?
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
How would a challenge to that being presented in a vexatious manner be taken up?
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
That is excellent. Thank you all for your responses.
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
The Law Society, Yvonne Evans and Turcan Connell have all commented on chapter 5 of part 1 of the bill, which relates to the duration of a trust. Professor Paisley, in your joint response with Dr Alisdair MacPherson to the committee’s consultation, you, too, have commented on this provision, under which a person will be able to create a trust of any duration that they liked, and have said:
“We wonder whether sufficient consideration has been given to the consequences ... This change could have significant economic impact as certain trusts accumulate assets over a sustained period of time and accordingly obtain sizeable economic power.”
Will you explain a wee bit more your policy concerns in that respect?
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
You have just about covered this, but I will sum it up. Last week, the Scottish Law Commission told the committee that, in respect of part 1 of the bill, it did not think that full codification of trust law was necessary or desirable, and it said that part 2 made limited proposals for succession law. Nonetheless—and you have covered a great deal of this—do you think that there is anything that has been missed out of parts 1 and 2 or that has not yet been discussed but that might be easy to add to the bill without interfering with the strong policy consensus that is currently associated with it? Do you want to stick your oar in and say that something else could be done?
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
That is interesting.
Delegated Powers and Law Reform Committee
Meeting date: 9 May 2023
Bill Kidd
That is very important and it is a good point for us, as the primary committee on the bill, to look into.