Mr. Alan Baldwin:

I will ask Mr. Isdell to speak about the independence of the board in the context of a national independent regulator. I have two observations to make about the Construction Industry Register Ireland, CIRI, website. It is obviously disappointing and I suspect that it is there for legal reasons as much as anything else. The Senator is quite right in saying that it is counterproductive. When it comes to self-builders, I want to reaffirm the Society of Chartered Surveyors' position that there should be no opt-out position. Whoever is in the building game is in the building game, so the standards that apply to build someone's home should also apply to building a large commercial complex project - the same people; the same standards. There should be no opt-out provision whatsoever. I will now let Mr. Isdell deal with the issue of the national regulator.