Mr. Derek Moran:

This goes back to my earlier point. The difficulty in the past has been that expenditure was put on the books and then left there without evaluation. As recently as last year - or the year before - we completed a review of the R&D tax credit. One of the objectives of policy is to get the R&D tax credit spend for Ireland up to 3% of GDP and we are currently well short of that. The R&D tax credit contributes to this spend. It is just one example. The evaluation of the measure showed that the credit makes a positive contribution. We will come back to it in a few years' time to look and it again. It cannot just be there as a passive measure that rolls on, which was a feature of-----