Senator Mansergh referred to the International Financial Services Centre and the tremendous success it has had and the importance of light regulation. This is a balance which must be struck in this matter. He used it as a basis for urging us to proceed with great caution in this area. I agree with him that it is important to be very cautious. However, we have considered the report and made our decision on that basis. There is a transfer of some but not all of the Central Bank's functions. No doubt, a sound banking sector is essential to our prosperity.