Mr. Feargal Ó Brolcháin:

I have outlined with the Minister has said, that an application will be considered after the instrument is put in place. With regard to the phrasing, these documents are always phrased like this and it is the standard way they are constructed. It is important to note a provision for retrospective recapitalisation is included, which leaves the possibility open. This can be considered an achievement in itself.