Mr. Michael Fingleton:

It was an option ... after that was done I became ... my employment had terminated on reaching the age of 70 years and I was re-employed by the society, under contract, for a further one year. And the option was open to me to leave it with the society or to take it. Under the legislation introduced by the Government, the option to me was to take it into my own ownership so I choose to take it into my own ownership.