The first two items on the agenda are the minutes of the previous meeting and correspondence, but I propose to defer both until the next meeting as the principal purpose of today's meeting is to deal with the presentation concerning the future of section 48(1) tax relief in respect of the film industry.
A draft timetable has been circulated for the benefit of the committee and I would like agreement on that timetable because we want some structure to the questions and answers session in the course of the day. It has been drafted in such a way as to be fair to everybody on the committee, and there is an opportunity for open discussion at the end of each presentation.