The Department has made good progress on boosting philanthropy in the arts. The Chancellor of the Exchequer confirmed in his Budget that our new Cultural Gifts Scheme will incentivise lifetime giving of pre-eminent objects to public collections through reductions in donors' liability for income tax and corporation tax. That is in addition to a reduced rate of inheritance tax for those who leave more than 10% of their estate to a cultural body or charity. This will help to boost legacy giving across the country with effect from 6 April 2012.Together with Arts Council England and the Heritage Lottery Fund, we are investing £100 million in match funding to incentivise philanthropy, and over 80 applications have been received for the Catalyst programme of endowment grants which will unlock donations from philanthropists and provide long-term financial resilience for cultural bodies. Catalyst will also help to strengthen fundraising skills in smaller arts and heritage bodies over the next three years.The National Gallery and National Galleries of Scotland recently announced the successful acquisition of Titian's masterpiece Diana and Callisto, thanks in large part to the generosity of private donors. This is just the latest in a succession of significant donations to our cultural bodies. I welcome and commend the generosity of all those who give to the arts in this country. Their support deserves our thanks and appreciation.