Thank you, Mr. Bachrach.
No, and the fact is that these concerns have been articulated going back to just after safety management systems came into force in 2002. There was the 2007 Railway Safety Act Review, and the 2013.... You know, there's been a whole series of reports and reviews by the Auditor General and by other bodies, and the incrementality of improvement is incredibly disturbing.
As I said, what your committee can do in the report is to examine and report on the extent to which this regime, the rail safety regime, is fulfilling its obligation to protect the public. If it's not, I think it should be suspended, and I think conventional prescriptive regulations should be in place until the resources are there and everything is in place to ensure that safety management systems are truly minimizing the risks to rail safety.