First of all, can I thank David Melding for not only giving me a minute in this debate, but for actually raising this very important issue? I would like to raise two very quick points. Firstly, is there any reason why transaction capital cannot be used for funding the necessary work, with a claim made against the value of the property on sale? This is money going to the private sector that I believe meets the rules for the use of transaction capital. If that's not possible, can the Minister explain why it does not meet the rules? I won't go through all the rest of the rules, but if it doesn't meet them, can the Minister explain why it doesn't meet them, because it would be a good use of transaction capital and it's going into the private sector?

The second is: this wouldn't happen in most of the rest of the world because they have co-operative ownership of flats. Now, I'm highly enthusiastic about co-operative ownership as opposed to leasehold, which I think is a feudal system that we should do away with at the first possible opportunity. This co-operative ownership and co-operative payments don't just work in what we might think of as socialist, left-wing parts of the world; it works in places like New York, it works in Vancouver, it works in Scandinavia. Really, we need, one, to find the money, but secondly to change the system.