I propose to take Questions Nos. 125 and 132 together.
I am indeed aware that the United Nations has designated 2012 as the International Year of Co-operatives, and earlier this year I secured the agreement of Government to draft legislation to ease the regulatory burden on co-operative societies and to make it easier to start up and run a co-operative as an alternative form of enterprise organisation. I hope to publish the Draft Bill early next year and I expect that the amendments I am proposing will make the co-operative model more attractive for those wishing to use it.
By introducing these legislative changes for co-operatives, the Government is recognising the value of the co-operative business model to our economy, particularly at the present time. I believe that these measures will facilitate the development of co-operatives into the future.
My responsibility lies in the legislative provision for co-operatives in general. Any initiatives to facilitate the development of co-operatives in particular sectors, for example group water schemes, renewable energy or agricultural co-operatives, would be a matter for my colleagues in the respective Government Departments.