That reminds me of a point that my noble friend Lady McIntosh raised. We have had a discussion about the requirements—not
only REM but all the ways in which we need to work. We absolutely need to work with industry but we also need to say to it, “It is in your vital interests to work on this area because, in the end, if there aren’t sustainable stocks, there isn’t a sustainable industry”. They are so intertwined. I repeat that, once a scheme is up and running, the existing arrangements for prosecution of overfishing and the issuing of fines remain. This is an add-on, a further tool. There are other countries where it has worked well; this is an opportunity and work is in hand. We want to get the best scheme. It is important that we look internationally to see where it has worked and where it has not so that, when we deploy this, it hits the right target.