Liam Twomey (Fine Gael)

What difficulties does the Minister envisage regarding the authorisation of the VHI? It appears that matters should be straightforward when the reserve issue is resolved. The VHI would then be in a position to act according to whatever the market dictates once it complies with the Financial Regulator under existing legislation. It does not appear, therefore, that any major problems will arise. Does the Minister envisage that difficulties might delay the VHI being authorised under the Financial Regulator.