Ms Rosalind Carroll:

Absolutely. We are not in favour of a deposit protection scheme but as an organisation that has been given a significant amount of change to implement, I have had to advise the Minister that we simply could not implement all of the regulatory change and the deposit protection scheme at the same time. The deposit protection scheme would mean we would administer €300 million worth of deposits. Because there are so many other pressures within the market, we need to prioritise the ones we are going to address. Because cases involving deposits coming before us are being dealt with well, people who are afraid should come to us. If somebody takes a case, it proves worthwhile. There are people in rent pressure zones who are afraid to take a dispute to us because they fear there will be action by a landlord.