Mr. Paul Lemass:

I get the Chairman's point. The rates limitation order applies to the rate from the previous year and, therefore, it only goes back one year. It looks to the previous year and it provides that the rates for the following year will not be greater than that other than accounting for consumer price index increases. As I understand it, that is the provision at the moment. I will verify the precise operation of this but my understanding is that this just looks back to the previous year.