Mr. Sean Hosford:

The lifetime of ReBo has been extended to March 2016 and we believe any applications made before the end of March 2016 will be dealt with in the rest of the life of the scheme. As regards the funding model, we believe the UK credit unions are being funded by central government in the area of additional services, and particularly in the area of technology. We understand the Government has to work very closely within EU rules on state funding, but it is an initiative that we could certainly discuss further.