Mr. Brian Cowen:

As I understand it, there's detailed replies to this particularly issue, parliamentary replies, which explain the Government's position. It is true that the Revenue Commissioners were going to come forward with a proposal. That was commented on by people in the Irish Stock Exchange and elsewhere. The Department took the view eventually that this was something that needed to be taken back by the Revenue Commissioners and re-looked at; that the way they were going about trying to do this particular issue wasn't going to work; hat it could mean the relocation of business from Dublin to other stock exchanges with no ultimate benefit and that, in other words, the transactions could still take place but they wouldn't be taking place in Dublin. So the need was ... so, as my recollection, I haven't the full details in front of me but there have been on a number of occasions, quite comprehensive replies to parliamentary questions given which explain precisely how that process worked.