Mr. Patrick Casey:

In response to Deputy Doherty's second question regarding a structure connected with social housing investment by credit unions in a tier three approved housing body for the purposes of social housing, the Central Bank has not received any proposals from any third party whatsoever on that concept. We have not been party to any discussions or received any proposals. I am not aware of any proposals in that area but as Mr. Sibley alluded to earlier, we would be delighted to engage with any of the representative bodies or credit unions which have a proposal to bring forward but we have not-----