Ms Laura Burke:

The key for us is that regardless of whatever instrument is used, it can be drawn down. Some companies are huge companies, as the Deputy noted, and are able to guarantee to us that this money will be available. That is the key. Whether it is a bond or a parental company guarantee, we get legal advice and rather than saying we will or will not accept a particular tool, the key is whether the tool will be able to deliver. We are not managing money in a bank so that also has its own risks, liabilities, etc. Different tools can work, which is why we try to provide flexibility as long as they deliver on their purpose.