Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

Perhaps the Comptroller and Auditor General or someone else can explain that. Mr. Woods seems to know about it. How many other corporate bodies are out there? People would like to know what the shape of the vehicle we are talking about is. I do not think too many people would know what a corporate body established under the 1961 Act means. It is a technical answer. I wonder whether there is a layman's answer with regard to what the development board is. It is not a company. It does not come under the Companies Act 1963. What are the different requirements faced by a body established under the 1961 Act, compared to a body established under the 1963 Act? What are the significant differences?