, Public Accounts and Public Administration Committee
Life Sciences Investment Fund
Do you intend to undertake a formal assessment or a financial evaluation of the fund after everything is wound up, that is, all of the gains and losses are calculated?
, Public Accounts and Public Administration Committee
Life Sciences Investment Fund
Okay. There are some public sector investors who do invest in venture capital in this sector in the UK. That is, in talking about public sector, I think about pension funds, for example, some of which are pension funds that are outside the UK. I know that…
, Public Accounts and Public Administration Committee
Life Sciences Investment Fund
Just before you come back in, just in doing some research this morning, I've seen a reference to an internal rate of return of about 25 per cent within this sector in the UK. Does that sound quite close to the mark?
, Public Accounts and Public Administration Committee
Life Sciences Investment Fund
Okay. That would be useful. I—
, Public Accounts and Public Administration Committee
Life Sciences Investment Fund
Thank you, Chair, and good morning to you all. I'll be asking my questions in Welsh. I want to pursue the question of performance, and assessing the performance generally of the fund and its value for money. To start, is there a benchmark, is there some kind…
, Plenary
Short Debate: Navigating Wales's Brain Drain: Challenges and Solutions
Thank you, Luke Fletcher, for bringing forward this very important debate, and for the whole host of creative ideas that he has summarised in his speech. You, Llywydd, will remember Llwybro, a scheme that was implemented by Menter a Busnes, a company that I…
, Plenary
Welsh Conservatives Debate: Deputy Minister for Climate Change
The political has become personal in the wrong way in this motion. But, for me, at the heart of this policy, the personal and political are tightly intertwined. It's 51 years ago since, one Sunday morning, I crawled into my parents' bed, only to be told…
, Plenary
Questions to the First Minister
In an attempt to improve accountability, a number of Parliaments worldwide have introduced a process where, in specific circumstances, it's possible to bring the term of office of a Member to an end between elections. For example, in Westminster, they have a…
, Legislation, Justice and Constitution Committee
Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3
Yes. It would be good to have, over a period of time, some kind of quantitative summary: if we can identify patterns, trends, by seeing whether there is an increase, are we seeing more examples such as this, with a great many more issues in them, and so on.
, Legislation, Justice and Constitution Committee
Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3
Yes. Well, if it's part of a pattern, it causes even more concern. Because we have to remember that we're a unicameral legislature here, so, if there is a systemic issue in the drafting, then we're all going to suffer as a result of that in terms of…
, Legislation, Justice and Constitution Committee
Instruments that raise issues to be reported to the Senedd under Standing Order 21.2 or 21.3
Chair, I'm still relatively new to this committee, but am I right in thinking that this is quite surprisingly unusual, that there are so many errors, not just, as we've just heard, in terms of the ones that we point out specifically, but beyond those there…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Okay. Thank you.
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
So, it's primarily focused on ownership, not just on use or the forms of access, rights or whatever.
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Finally from me, section 37(2) of the Bill refers to 'other information as may be specified in regulations' that it requires from a person that the applicant believes, or knows, to be interested in the land to which an application applies. What 'other…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Okay. That's good to know. Section 34 expands on the regulations around notices and publicity, and it refers to the requirements that will be imposed on specific persons. In your letter to—well, in our letter to you—you noted that the persons specified are…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Okay. Section 33(5), provides a deadline by which Ministers must receive representations on the application, and it refers to—the phrase is, 'after the end of the minimum representation period specified in regulations'. What do you expect the minimum…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Okay. So, it's an ability to modify, within limits, effectively, which still meet the purpose. So, maybe there's a question there about whether the ambit or the degree to which modifications can be made could be more specified.
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Yes. It's okay. So, section 29 of the Bill is about the pre-application procedure, and sub-section, or clause 5 of that section, sets out on the face of the Bill what you would expect in terms of the notices, the pre-application procedure, to contain, but the…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
It's all right. I'll paraphrase in English.
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
We're going to go even further into the detail now. So, section 29 of the Bill, which relates to the pre-application procedures. Section 29(5), there is a reference to it in the explanatory memorandum that states that matters relating to a notice in the…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Do you see, going back to my earlier point, where there is some tension, I think, in some communities because of a version of the rights of a landowner or the process to be followed that is being presented sometimes by developers that isn't actually, I think…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Thank you.
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
Lastly, have you undertaken a justice impact assessment in relation to this Bill?
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
This question has already come up, of course, but to what extent have you thought through, in establishing your own energy developer, Trydan Gwyrdd Cymru, which is perhaps the most relevant in this case, and where the Welsh Government would be the developer…
, Legislation, Justice and Constitution Committee
Infrastructure (Wales) Bill: Evidence session
And the Bill, possibly then, is a way of explaining those rights that an owner has, and also to avoid a situation where a developer sometimes—how can I say this?—does not reflect the true balance between a reasonable right for a developer or inspector to have…
