Ms Moyagh Murdock:

It is important to clarify whether the standard is going to change or is it going to be deemed wrong in the first place. That is the big concern, namely, that it may be the wrong standard. I would not doubt that standards improve over time, no different than vehicles and the standards that they are insured against. They all change as newer models come out or newer enhancements go into homes and the value goes up. Our position would be that we hope that if there are modifications to the scheme, the structure of the home itself and the integrity will not be compromised and there will not be a greater risk to those homeowners than any other homeowner would experience.