Agenda and minutes

1.1 The Chair welcomed Members and members of the public to the meeting.

FIN(4) 16-12 – Paper 1 – Welsh Government

Jane Hutt, Minister for Finance and Leader of the House

Richard Clarke, Head of Invest to Save Unit
Jeff Andrews, Special Adviser

2.1 The Committee welcomed Jane Hutt, Minister for Finance and Leader of the House; Jeff Andrews, Specialist Adviser; and Richard Clarke, Head of Invest to Save Unit.

2.2 Members scrutinised the Minister.

Action points:

The Welsh Government agreed to provide:

·         Further details on the Welsh Government’s progress in implementing the 7 recommendations which arose from the interim evaluation of Invest-to-Save.

·         A table outlining total savings created by projects since the implementation of the Invest-to-Save funding programme.

·         A table of total repayments by Invest-to-Save projects since the programmes implementation.

·         An annual reconciliation of projects announced during each Invest-to-Save round and the project awards included in each budget allocation.

FIN(4) 19-12 – Paper 2 – Financial Implications of Regulated Mobile Home Sites Bill

Minutes of previous meeting.

3.1 The Committee noted the paper on the financial implications of the Regulated Mobile Home Sites Bill, and agreed that the Chair would write to the Chair of Communities, Equalities and Local Government Committee stressing the importance of robust financial information regarding new legislation.

3.2 The Committee noted the minutes of the previous meeting.

Items 5 and 6.

Items 5 and 6.

5.1 The Committee discussed the evidence received on the inquiry into Invest-to-Save.

6.1 The Committee agreed to defer consideration the draft report on the Effectiveness of European Structural Funding in Wales until its meeting on 21 November 2012.

View the meeting transcript.