Mr. Richie Boucher:

We do not regard a legal process as a solution. We have requirements to restructure our mortgages, to identify end-state solutions. What we try to do is say “Yes” in accordance with the Central Bank. What counts can be where a legal process commences but in Bank of Ireland what we focus on is how many restructures we can do. We do not believe that a legal process is something that we would like to do. I am not treating the committee in the way Deputy Doherty described. I am trying to give as much information as I possibly can to give colour behind the figures.