Mr. Paul Carty:

I will say a few words and then pass it on to Mr. Corrigan. In terms of the NPRF, the intention is for that to be dissolved. Therefore, on my role and the commissioner's role, it is for somebody else, in terms of the governance and the restructuring of the NTMA itself, with their own board. They are the people who are going to have to make the decisions into the future.

At the same time, going back to the NPRF, the purpose for which it was set up - mainly these liabilities for pensions etc. - has not gone away. I know there are efforts being made to limit it or whatever, but that is still an issue. It happens in other countries too, but it is still an issue in the longer term that is going to come home to roost. With that, Mr. Corrigan knows more about the future than I would.