The applicant herein is a public company belonging to what is called the SA Home Loans group. It is submitted that the applicant in terms of either its public interest score or by virtue of being a listed public company is required to appoint a social and ethics committee (an SEC). In my view, the aforesaid submissions are vague. There should have been a clear indication of why the applicant is required to appoint an SEC. Yes, it is either by virtue of being a listed public company or with a public interest score in excess of 500 points or both, but these have to be specified. With respect, this is actually indicative of the quality of the submissions in the rest of the application.