Ms Mary Burke:

-----everywhere. I am paraphrasing here slightly. My recollection is that the industry had serious issues with the way the compliance statement from the Financial Regulator was structured based on what was in the legislation and not on some theory we had developed ourselves. And my recollection is also that the Department of Finance also had issues with it when it realised the consequences. I think industry, at one point, questioned the constitutionality of what was being proposed and ultimately, I think, it was agreed that the whole issue would be dealt with in the context of the consolidation of legislation project, which was launched by the Department of Finance in '06.