The Bill, as it stands, ensures that the concerns expressed by the Irish League of Credit Unions have been taken into account by ensuring any directions given to the registrar must be within the scope of the Credit Union Act 1997. Legally speaking, that Act is the Ark of the Covenant for the credit union movement. Furthermore, in issuing directions to the registrar under this subsection the regulatory authority shall have regard to the particular nature of credit unions by reference to the conditions for the registration of credit unions set out in the 1997 Act, the objects and common bonds referred to in that section, and the voluntary ethos of credit unions. That is now written into legislation. I reiterate the position of support by the Minister for Finance for the credit union movement. The position of a statutory registrar of credit unions within the regulatory authority will help ensure the strong voluntary and community ethos of the movement continues. This is now clearly acknowledged in the Bill, as it stands.