Derek McDowell (Labour)

We are transposing a directive which puts responsibility on people drawing up a prospectus. It is partly replacing or replicating existing law. It would be useful for the debate — I appreciate that the Minister of State does not have the information here — if we had some idea of whether the existing law is applied. Perhaps I should know that, but I do not. It would be helpful to inform our debate if we had some idea of whether this is purely academic or whether it has any real meaning.