Mr. Shane O'Sullivan:

Broadly, yes. As Mr Masding has said, it comes back to the original contract. It depends on what is paid. Is the amount that was not paid now paid? Is the interest that was due but not paid now paid? Has the account performed as it should for 12 months? If that happens, then the account can go back to be considered performing.

For some of the deeper restructures the interest is not repaid. We heard an example earlier of where €100,000 continues to be paid, the other €100,000 is not paid and the interest is not asked for. That account will never go back to non-performing status until all the capital that is not paid and all of the interest that was not paid is paid. It is unlikely that customers with split mortgages would pay interest that they did not have to pay.