Much of the Bill is about the establishment of the Irish Auditing and Accounting Supervisory Authority. The explanatory memorandum to the Bill states the State contribution to the budget of the IAASA in 2003 and 2004 will be just over €600,000. This suggests that the total budget will be €1.5 million, with the balance being contributed by the accountancy bodies. In reality, it is not the accountancy bodies which will pay the additional €1 million but businesses, which will pay increased charges to accountants, which will pass it on to the bodies. I would be grateful if the Minister of State could indicate whether he has seriously considered the idea of assigning the functions proposed for the IAASA to some other agency, either the Irish Financial Services Regulatory Authority or the Director of Corporate Enforcement. Both bodies have the administrative structures to support the functions being allocated to the IAASA.