Professor Patrick Honohan:

I know that. It is complicated for people to understand everything we are trying to achieve. It is true that we did not roll out our sustainability guidelines in March. The reason we did not do so is because we had not landed on wording we felt was robust enough to cover most cases. We had the right language in place by June, which is that a ceiling of 70 years of age will apply unless there is firm evidence that an older age limit can apply. We have tried to ensure we use wording which accommodates as many circumstances as possible. We are prepared to revise what is in place but we believe what is provided is acceptable. I would not be surprised if there are misunderstandings because this is a new area.