The advice that I received from officials at that time was that the absence of a confidential reserve price in the early auction period this year presented a low risk. However, there was some commentary over subsequent months. In particular, on 2 November, there was a story in Carbon News about—sorry, I've got that wrong. There was a story a bit earlier that, essentially, meant that officials changed their view about the risk profile. So I then received further advice in about mid-November, and that was when we decided to go with the recommendation that we would introduce legislation.