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Malcolm, I take it from your earlier comments that you think that some of the detail with regard to the land management plans might be better dealt with in secondary legislation. Is that correct?

Yes. Mr Miller, you mentioned the process that you have used over the past 12 months to try to secure a chief executive. What will you do differently this time to help you to attract the right type of candidate?

On that 90 per cent confidence, you have mentioned that part of the issue is around skills, but what are the other principal risks to the September 2025 date?

For the 802, what is your degree of confidence in the timeline of September 2025 that you provided?

It does, and it is helpful. During the remaining 10 months for 802, are there key points at which you will have to make a decision on whether September 2025 is a go or not?

Okay. Calum, do you have a view on the timeframe? We have had some evidence that a five-year timeframe for a land management plan is quite short, given how long land management can take.

Okay.

Let us say that the land management plans are for five years. Given that they contain obligations that the landowner is responsible for taking forward, do you think that, if the land changes hands and is sold and purchased by someone else, that person should inherit the obligations in the land management plan, if the sale happens before the date when the plan was due to expire?

—and if he produces another one five years later to make sure that he does not receive a penalty?

I will leave it there.

I am interested to hear your views on something that you have touched on to some degree. What are your thoughts on the future shape of the company? Do you see Ferguson Marine being a stand-alone company, as it is at present, or do you think that it will be part of a joint venture in which another partner deals with the intellectual side of the business and you offer some specialisms? Mr Miller, you spoke about the potential for external partners to take an equity share in Ferguson Marine as a way of shaping the business.

No, I do not think so. I am trying to understand why a landowner who has given a commitment in a land management plan should not be responsible for implementing the bits that they are responsible for, if there has not been a material change, such as a change in subsidy for farming.