Mr. Dónal Clancy:

Let me return to the discussion on effectiveness that Mr. John O'Dwyer mentioned, including the difference between 55% and 80%, for example. There may be a flaw in suggesting the price is a ten-year-old or 15-year-old price. This is arrived at – people better than me can say this – by examining equalised benefit. Basically, there is a set of procedures, be they right or wrong, in respect of which equalisation must occur. Fundamentally, one needs a standard product that everybody around the table is moving towards. It is on that basis that we establish the effectiveness, or otherwise.