Mr. Paul Gallagher:

Okay. Firstly, what happened on 16 June was they said go ahead and draft. It was still focused on a particular bank because that's what you would do with nationalisation legislation. Secondly, I would have had no direct contact at any stage with the NTMA, their contact was with Finance, we get our instructions from Finance. Thirdly, the issue in relation to putting deposits in banks, I think, was somewhat earlier, if I recollect what Dr. Somers said. I think it was in late December 2007 and I think that then continued to that period, so far as I'm aware and certainly wasn't aware at the time there was any connection between the two, Chairman.