Ms Helen Martin:

If there were compliance issues, to be honest, it is a completely separate statutory scheme. In fact, under the 1961 Act, there was no requirement for registration because it did not exist at the time. It is not something where we can hold back. They are entitled to the dividends out of it. Where we have had situations where we have held back, it has been where we could not contact somebody in the charity. We did not have proper bank details for them, etc.