Thank you for the question. I don't presume to comment on the prerogative of Parliament to decide what is legislation versus regulations. Let me just say that in respect of, again, the existing framework for mutual life insurance companies, the framework seemed to have operated well. Again very similar to this case, the framework under which regulations were made were set in legislation, and the details including who gets to vote and who gets the benefits were set out in regulations.
On May 29th, 2014. See this statement in context.