Mr. Cathal Sheridan:

That will be determined on a national basis by the percentage of the business of the local bank compared with the overall level of activity in Europe. If it is a small bank and it represents 1% of the overall system then its contribution will reflect that percentage. Therefore, it will be proportionate and pro rata. As Mr. Carrigan mentioned, the contributions will also be risk based so pure deposit banks which have less risk than big trading banks and will have a lower contribution. That will be reflected in the contribution they make. The Commission will introduce a series of delegated rules around how one determines what the appropriate contributions are. The general rules will be set out in this particular proposal and then the detail of it will be worked out.