The second point is: why didn't he take a differential approach to different classes of borrowers? The whole purpose of the original Act was to look at high-cost lenders, and section 9E gave the ability to do a differential approach. This regulation, that only the Minister approved, took a carte blanche approach that meant that even regulated financial institutions, which are regulated by the Reserve Bank, which include our banks, through to commercial entities, through to approved lenders, right through to high-cost lenders—which was the original purpose of the legislation—are captured by the same piece of regulation that only the Minister approved. Why did he do it?