Mr. Michael O'Flynn:

Wasn't there previously. You could ... not alone were you subject to planning, but you were often phasing the development purchases. That happens a lot in the UK and I think the model is going to become a lot more sophisticated and refined. One of the challenges are you have to have platforms to receive money but those platforms have to have good governance, good management and will have to have a percentage equity that actually makes sure you don't end up in this situation ever again.