Mr. Enda Newton:

I refer the Deputy to the protections afforded by virtue of requiring the Commission's approval for any transaction that may occur in respect of these assets. In order to receive the Commission's approval, a prospective purchaser must be reasonably expected to obtain the necessary approvals from a relevant regulatory authority. There is a certain security in considering the matter from the Commission's perspective and realising that if it is appropriate and necessary for approvals to be sought, the Commission would require this before it approved the transaction. The Commission has a role to play in authorising certain transactions, having regard to the regulatory status of the purchaser.