Building Societies (Funding) and Mutual Societies (Transfers) Bill

I am grateful. I was most interested to hear the Minister's response to my hon. Friend the Member for Christchurch (Mr. Chope). Surely neither the Channel Islands nor the Isle of Man could implement the legislation before the British Government had done so, because it would be the British Government's implementation of the different phases of the legislation that would trigger any subsequent actions that might flow from it.