I am certainly not denying that the House deserves an explanation, but I should reiterate that it is better to offer one in writing where the point will be presented thoroughly. I can certainly agree to do that.
The noble Lords, Lord Phillips and Lord Clinton-Davis—
The answer given by the noble Viscount to my noble and learned friend is not adequate. He should be able to reply on this fundamental point immediately, but he has not done so.
I admit that the answer is not here, but I have pledged to write to noble Lords. We should remember that this debate has arisen out of an amendment to the Enterprise and Regulatory Reform Bill but, having said that, I am happy to answer questions raised today about this very important matter.