Mr. Dermot Sellars:

I wish to add a point. Deputy Catherine Murphy asked why it was important to separate the regulator from the Housing Agency. As Kieron Brennan mentioned, there is a need for a single, stronger point of contact for us to work with and we would see the Housing Agency playing that role.

However, if one is holding oneself out as the regulator and the arbiter of good governance, it then is vitally important one's own governance is whiter than white. Consequently, if one has a regulator that sits within a Government body which is tasked with promoting delivery and securing highly challenging targets and objectives, it naturally follows there should be a split between the organisation that is trying to push delivery and the organisation that is trying to protect the interests of tenants and public investment. This is why we argue for that split between those two roles.