Ms Rosalind Carroll:

Under the financial standard about which I spoke earlier each large approved housing body is required to give us a business plan which must show how it will manage to develop thousands of units over the next five years if that is what it plans to do. The bodies have to show a cash flow over 30 years so they think it all the way through. What good regulation should do is ensure the capacity of the sector rises to the challenge of the risk it will take on. We are looking for these to be earmarked in the standards we will introduce. We will look for strategic plans, business plans and annual returns to ensure the issues spoken about by the Deputy are being thought about in advance and being done as per the business plan.