Mr. Donal McNally:

Perhaps. I thought ... didn't think development levies were raising that much money nowadays. That was one of the most cyclical taxes because when development stopped the revenue went. I mean, the stamp duty was a good revenue earner but it could not be relied upon. It obviously depended on the amount of transactions. The property tax is better because it'll be more stable but I didn't detect, during my time, a great enthusiasm for property tax. We had done some work on it for the tax strategy group in 1996 but it wasn't really on the agenda.