Ms Maria Graham:

There are two elements to it. The first is a requirement on setting out what the board should contain in terms of the level of expertise and having sufficient expertise in the different categories. The second is to have a committee that judges how that process goes in order to meet that first requirement. The discussion is around the regulations and how that committee is constituted to assure that. There is a piece at the beginning, as it were, and then there is a statutory element at the end.