The current discounted buy out scheme for Land Purchase Annuities is governed by Statutory Instrument No. 830 of 2005, the Land Purchase Annuities Redemption Scheme Regulations, made under the Land Act 2005. The scheme commenced on 1 January 2006 and was to terminate on the 30th June 2006. I have by Statutory Instrument No. 352 of 2006, the Land Purchase Annuities Redemption Scheme (Amendment) Regulations, already extended it beyond its original expiry date of 30 June 2006 to 31 October 2006 for all annuitants to specifically facilitate those who needed additional time to raise the finance necessary to participate. This extension has been notified to all remaining annuitants on a number of occasions and I have no plans to further extend the scheme.