Mr. Derek Tierney:

The current code is built on four gates, which means we have to go to the Government for four decision points, from outline concept through outline funding and then we try to bring more certainty to that over the lifetime of the project until we engage in market. That code is currently being revised and it is possible that two of those gates will be removed, or at least one will be discretionary, to try to fast-track the process. As the Secretary General said, it is not just about the public spending code. We have a public procurement framework and a statutory planning framework that have to exist in parallel and we work in a complex stakeholder environment as well and that has to be borne in mind. In terms of getting and building consensus for any investment we want to bring forward, there is a stakeholder management and consensus process, as well as a guiding of investment through the public spending code, statutory planning framework and public procurement. There is certainly a realisation and an appetite to simplify the code arrangements to get to Government quicker. That is where we sit at the moment.