Mr. John Corrigan:

I would not use the word "entitled". There is a provision in my contract that provides for a bonus of up to 80% based on performance, which would be assessed by the advisory committee of the NTMA who have a legal responsibility to recommend to the Minister for Finance whatever bonus might be payable. We did not go through that process because I took the view that I would waive consideration of the bonus, and my colleagues in the senior management team did the same. They would have similar type performance related pay but consideration of performance related pay was waived on foot of-----