It was explained earlier to this committee through various interventions that there's a significant and lengthy process that's followed when it comes to changing regulations. There is important risk analysis that's done, cost analyst, consultations with stakeholders, even before you draft a suggested regulatory change. The formal regulatory process itself is a lengthy process. For the public's knowledge here, from this analysis and consultation phase through to a final regulation coming into force, how long is a process like that typically?
On May 13th, 2014. See this statement in context.