Mr. Gerry Murphy:

We give public moneys to CIE because it meets all its service requirements in its contract with us. That is the reason we give it moneys and it will not receive them if it does not meet its service requirements. That is the primary obligation. We only approve fare increases if we are satisfied there is a need to approve them as an alternative to cutting services because a change of costs or revenue basis would occur. That is our primary function. The primary function of the Government, as a single shareholder, is to manage the company. If we were in contract with a multinational operator from abroad, for example, we would not manage its internal accounts but its interface with us, namely, the provision of services according to contract and any applications for fare increases.