The bill, which has already cleared the Commons, implements recommendations of the Calman Commission to transfer control over some fiscal policies from Westminster to the Scottish Parliament.
Unfortunately, as things stand now, the only impediments to the early transfer of a true national asset to a potentially problematic foreign owner are two, all-too-often pro forma bureaucratic exercises: the grant of a Federal Communications Commission license to transfer ownership and a possible Committee on Foreign Investment in the United States (CFIUS) review.