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I understand the point that my hon. Friend is making. I want to be clear that we are intending to make progress and issue secondary legislation to provide the safeguards that are reflected in clauses 42, 43 and 55, as I have already outlined to the Committee. We think that with regard to partial transfer powers we should outline the principles in the code. My hon. Friend will see the draft legislation that is in the Special resolution regime: safeguards for partial property transfers consultation document. I confirm the Governments intention, following consultation, to proceed with it.