Mr. Tom Hayes:

We have a service level agreement with each local authority, as I mentioned earlier.

There is a three-year framework service level agreement that will be reviewed on an annual basis. That is about to be reviewed within the next number of months. The money to the LEOs will flow through Enterprise Ireland - the €30 million or so that will be there.

In terms of the question the Chairman asked about cost, it was actually quite minimal. In fact we would hope to have some savings because obviously there will be the integration with a number of the financial, IT systems and that. Enterprise Ireland did most of the work ourselves - our finance department, our HR people, our legal people and our IT services provided a lot of the supports to help the move from the stand-alone CEBs into the local authorities. By our reckoning, although we need to lock down these figures yet, we could be saving maybe somewhere in the region of €500,000 as a consequence of the move because obviously we will be running the one payroll, the one IT system, etc.