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 1636 contributions
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
Please do.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
I will ask one final question before I hand over to my colleagues. I note that one of the specific recommendations in your report was that there should be clarification regarding trusts, given that it is common for such objects to be held or owned by trusts. On my reading of it, I was not clear that the bill provides that clarification. Are you happy that, given that the bill sets out that digital assets are property and, given that trusts are capable of owning property, they are covered? I want to ask for that clarification, as it was one thing that I noted in your report that I was not clear was in the bill.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
It is a very interesting topic, but I urge members to move on.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
It is. I reiterate that, overall, this morning’s session has been incredibly useful. Are there any final points or issues that the committee should have alighted on or flagged in our questions? Again, I am mindful that we are all trying to grapple with this topic.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
With that, I thank Lord Hodge and Professor Fox for their time, insight and patience as the committee has sought to get up to speed with the topic. They have been incredibly helpful.
We move into private session for the committee to consider items 3, 4 and 5.
10:50 Meeting continued in private until 11:27.Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
Yes. Like with the point about AI, there are a number of other questions to be asked. For the purposes of this morning, your answer to that particular question and your answers overall have been very useful and illuminating.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
Of course.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
Good morning, and welcome to the 33rd meeting in 2025 of the Economy and Fair Work Committee. We have received apologies from Sarah Boyack, Willie Coffey and Stephen Kerr.
We have two matters to consider in our public deliberations this morning. The first is consideration of subordinate legislation. The instrument, which is subject to the negative procedure, amends the financial thresholds for when Scottish procurement regulations apply to the award of contracts. The Scottish ministers update the thresholds every two years to reflect currency fluctuations.
No motion to annul the instrument has been lodged. I invite the committee to note the instrument. Do members agree to do so?
Members indicated agreement.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
We move to the opening session of our stage 1 consideration of the Digital Assets (Scotland) Bill. I am delighted that we have with us Lord Patrick Hodge, deputy president of the Supreme Court of the United Kingdom; and Professor David Fox, professor of common law at the University of Edinburgh. Both were members of the expert reference group on this area that the Scottish Government convened.
Neither witness has asked to make an opening statement, so I will open up the discussion. At the outset, I would like to say that, with the exception of Murdo Fraser, none of the committee members is a lawyer, so please bear with us if the questions that we ask are basic.
Having looked at the bill and read the expert reference group’s report to the Government, I ask both the witnesses whether you are content that the legislation meets the requirements and suggestions that you made in your report. Lord Hodge, I invite you to answer that question first.
Economy and Fair Work Committee
Meeting date: 26 November 2025
Daniel Johnson
I assumed that that was the answer, but I thought I would ask the explicit question, just to be clear. With that, I hand over to my colleague Lorna Slater.