Mr. Michael Fingleton:

I will tell you ... I will explain to you the background. I was authorised ex officioto attend all credit committee meetings. But I excused myself permanently from 2002 to the time the committee was set up to 1 December 2007 when the board decided to allocate the credit committee with the full powers to approve loans. And I did that, Senator, to ensure there was no conflicts of interest and that I would not have undue influence on the credit committee and that it would remain fully independent.