The plan was revealed during a hearing on whether CSR's scheme booklet could be sent to shareholders for a vote on the demerger. Justice Margaret Stone extended the hearing after hours to accommodate four intervening parties. There was not enough time for CSR to reply to the views of the government, the Australian Securities and Investments Commission, James Hardie Industries and the Asbestos Injuries Compensation Fund, the body set up by the NSW Parliament and funded by James Hardie after a James Hardie compensation trust was found to be grossly underfunded in 2004. CSR is expected to respond in writing and Justice Stone is expected to reach her decision without further oral submissions. Earlier on Friday CSR's barrister, Tom Bathurst, QC, said the time for a debate about the impact on asbestos compensation was when his client returned to court for approval after shareholders had voted on the plan.