Mr. John Moran:

There would be an announcement about whatever relief scheme was available that year. There were so many of them it is quite difficult to encapsulate them all, but take holiday home villages for example. There would be an announcement that the tax incentive for building these schemes was going to be finished by 18 months or by six months time. There would be a surge of development activity responding to that. Then in the next budget the tax incentive would be rolled over again, so instead of finishing it and completing it, which I believe would have been the preferable thing to do, it just caused people to think "There is that tax incentive, I'll utilise that again". If one drives around parts of the midlands or parts of the west, there are developments that have no reason to be there, other than they were tax based.