rickp
Active member
The document mentioned in the previous budget has now been published. A quick skim suggests the govt will be applying to keep the derogation. It seems that the BMF and RYA reports were pretty influential.
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2. Apply for renewal of the derogation
21.15 This is the option adopted. The Government believes that removal of the derogation would result in unacceptable compliance costs. It also believes that, on balance, the environmental, social and market effects of ending the derogation would also be detrimental.
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So, things are moving forward it seems.
Rick
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2. Apply for renewal of the derogation
21.15 This is the option adopted. The Government believes that removal of the derogation would result in unacceptable compliance costs. It also believes that, on balance, the environmental, social and market effects of ending the derogation would also be detrimental.
[/ QUOTE ]
So, things are moving forward it seems.
Rick