Mr. Ed Sibley:

There were two further points made. With regard to the timescale for the decision, we are absolutely prioritising the review of the responses to the consultation paper. We have in fact already started this process and are committed to getting through it and taking it to the next stage within the next quarter. On the issue of the decision on tier 3 AHBs, these are currently subject to a voluntary code but that is now moving to a firmer regulatory environment. From the perspective of safety and prudence, it would seem appropriate for us to focus on the credit unions that are investing at the upper end of AHBs in terms of quality and capability. That is the rationale for that.