Mr. Jim Baneham:

The legislation on cost rental requires that the Minister designate housing for a period. To date, the initial designations have been for 50 years, that is, for an extra ten years. There was some back and forth about how long it would be. The commitment from AHBs, which are charities and are regulated now, is that they do not see themselves ever parting with that stock or changing its use. Another instance of control for longer-term use of housing is Enniskerry Road. That was our land at the outset. We entered into a 150-year lease on that land before we transferred across. The leases are with the two AHBs. That controlled the use of those lands for social and affordable for the period of that lease. There are probably a number of control measures that can be used depending on who is delivering it and what land is going to be built on. With local authority land, local authorities can have more control of delivering its long-term use themselves. Designation control is there, particularly if it is not a local authority but a designation process will still apply if it is a local authority but I think there will be less concern about having a very long period of designation.