Mr. Paul Egan:

First of all, I am here as chair of the Company Law Review Group. I am not competent to speak on behalf of the Department. I will pick up one element of what the Senator mentioned, which was the one-year rule, and then defer to Professor Lynch Fannon. I believe we have one recommendation in the December 2021 report relating to strict timeframes. I will ask Professor Lynch Fannon to contribute on this point.