Thank you, Mr. Speaker. The establishment of a Heritage Fund has been a long process going back to the last Assembly, and we started with the legislative proposal to get the legislation passed. We got the legislation passed in anticipation of the day when devolution would come. In the meantime, we started putting in a very modest amount of money, a quarter-million dollars a year, seed money, as it were. We’ve always contemplated, and it has always been anticipated that as the fund devolves as we hit devolution, and as the money starts being put into the Heritage Fund, and as it grows in critical mass it will need to evolve in terms of how it’s managed.

All the issues raised by Members in terms of the lending criteria, what’s the governance model, initially, in the start-up phase it has been looked after within government by the FMB, which has allowed us to get up and running, and we’re still in very early stages, but that discussion has already been acknowledged that we’re prepared to take part in that. Whether we are going to be in a position to set up a major governance oversight structure in the life of this government to look after a relatively small amount of money has yet to be determined, but we are definitely going to be moving that way once it is set up and fully operational. Thank you.