Mr. Brendan Gleeson:

This is an extremely unusual regulatory situation and we are not starting with a blank page. We have the Turf Club, which is a private body, and the Irish National Hunt Steeplechase Committee, which is also a private body. Collectively, they are given statutory functions in legislation. In the context of exercising those statutory functions they are called the racing regulatory body. There is a long and proud history of fairly rigorous policing of horse racing by this body. We do not wish to dissolve the current arrangements in any way in this legislation. We want to recognise the very valuable role that each party plays in the regulation of the industry. In that context it is very important to have a separate integrity function that is quite separate from the Horse Racing Ireland function. The Turf Club and the committee are the members of the racing regulatory body.