The city would give incentives to developers to clean up the kind of sites that fell in the light to mid-range of the pollution spectrum and thus languished in state and federal clean-up programs for their lack of severity: if developers complied with environmental guidelines and submitted to oversight, they would be spared the specter of future liability.

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Deputy First Minister Martin McGuinness said the severity of the sunset clause was designed to prevent a lack of agreement on the creation of a justice ministry, and that there was no fallback mechanism contained either in other Northern Ireland legislation, or through Westminster.

BBC: Department of Justice Bill

While the threat of a bonus clampdown has been hanging over the City for almost a year, the severity of the overall package will come as a big shock, especially given the lack of significant exemptions.

CNN: EU secures deal to cap bankers' bonuses