Chairperson, sometimes it is important to question the purpose of study tours and whether in fact anything is indeed learnt from them, because the reason why the Portfolio Committee for Trade and Industry went on the study tour to the UK was to look at credit regulation and more specifically with Debt Relief.
If one looks at the Bill that the committee produced, clearly they didn't learn a thing. Now, the one thing that we did learn from the UK is that they have a good credit regulation framework that protects citizens. That is responsive to citizen. That is effective in financial literacy, everything that the National Credit Regulator is not.
Their financial sector it seemed to be a partner in credit regulation and enforcement. In South Africa, the