Mr. Edmund Honohan:

These issues are decided by the Ceann Comhairle. It is some time since I read the Bill but, on close examination, it does not involve State money at all. This co-op could be set up privately. The only involvement of the State is to slightly tweak the law in a number of respects and also to involve the Taoiseach as the founder of the co-op. There is no material exposure to expense. I will have to ask Mr. Patrick O'Sullivan, who has all the money, to explain where he is going to source the money to buy this. I was aware of the fact it had to be all off-balance sheet and that is how it is designed.