Mr. John O'Connor:

When we look at an application, we must ascertain who was the builder or developer, whether that person is still in business and, if so, whether that person is a good mark to go after. One must engage in a process of elimination as, in some cases, one decides to forget it and to go on and do the thing. In more cases, one makes a decision that something should be recovered. We make these judgments all the time in individual cases with legal advice. The Acting Chairman will appreciate that sometimes the legal advice may not be particularly clear, in that it may have some ifs and buts attached to it. We must then make judgments on whether to chase the builder in question and whether the builder is a person who is able to deliver. We do not want to waste money on legal fees while chasing people from whom we will get nothing in the end. Consequently, we must make these judgments. However, as far as I remember, we are only talking about seven or eight builders and developers altogether in that category.