Mr. Martin Fraser:

The financial transaction tax may relate to the Clearing House Group which meets four or five times per year but I do not know specifically what meetings the Deputy is talking about. What I can say is that the Government adopted a position on the financial transaction tax which was very clear. As I said, it was informed by an assessment by the Government and the Department of Finance on where Ireland's best position lies. It is very clear the industry would be against a financial transaction tax. I cannot confirm or deny this because I do not know precisely what the Deputy is putting to me.