In terms of self-regulation, it was not the intention of the audit review group, this legislation, or the directors of the board of the IAASA that the members of the board would interfere with the work of accountancy bodies on a daily basis. What is intended is that – this point was dealt with by Senators Leyden and Coghlan – the rules, by-laws and constitution would have to comply with certain broad, general principles on which the IAASA will be insistent. If they are not reflected in the constitution, those concerned will be required to reflect them in it before they are given or secure continued recognition.