Mr. Bill Stanley:

A separate issue has arisen whereby we have identified that there was a gap. When we investigated, the reason for this was that the premium payments were initially paid retrospectively, that is, a year later. A number of our agreements are scheduled to pay the annuity payment on what is termed in the agreement the 22nd anniversary of the agreement. This was designed so that the payment would be paid 12 months after the last premium payment. In recent years, though, those premium payments were brought back in line, which left a one-year gap. We have recognised that. This contract specification applies in the case of approximately 60 partners. We have told our partners clearly that continuity of income was the spirit and intent of the agreement. Even if the contract explicitly states that the annuity payment commences on the 22nd anniversary of the agreement, we will start the annuity payments one year earlier on the 12-month anniversary of the expiry of the forest service premium payments. There should be all full-----