Mr. Paul Clancy:

The reason we put eight years is we feel that if this legislation involved extinguishment, there would be a major exit of existing publicans and they would need a lot of time to get themselves organised to exit the trade. That is why we do not support the extinguishment but we feel that three years would definitely not be enough. We suggested eight years because we feel a lot of people will leave the trade if this Bill is passed as it is.