Mr. Alan Stewart:

Maybe I can help the Chair. He talked about policing and enforcement a moment ago and I think that is his main concern with this. If a false declaration is sworn, that gives rise to a criminal offence. It is also an offence under section 7 of the National Asset Management Agency Act 2009 to give information to NAMA that is false or misleading where there is recklessness or gross negligence as to the giving of that information. The consequences for someone who takes a glib attitude to a confirmation or declaration given to NAMA are severe. That is an important point that needs to be kept in mind-----