Mr. Jeremy Masding:

There are 10,700 properties. To speculate would be unfair to this team. I can assure the Deputy of three things. First, there is a line of communication into Permanent TSB. Indeed all of the committee members use it, and the team looks at every case individually. Second, if there is a genuine error, whatever that means, we of course have the right to take it out. Third, to absolutely emphasise what Mr. Crowley said, the loans in Project Glas after 31 March are NPLs. They are NPLs either by dint of the fact they are 90 days past due or because they are unlikely to pay. The phrase "unlikely to pay" includes those which might be defined as performing but which are connected to a non-performing loan. It is the connection that is defined as the NPL. Those are the rules of the game we play.