Professor Simon More:

That is a very important question. I have asked my Australian colleagues that specific question but have not yet received an answer. I will forward it to the committee when I receive it. I am a farmer's son. The risk-based trading system became something with which people lived. I acknowledge that it has caused significant concern in Ireland. I am well aware of and understand those concerns. From a technical point of view - which is from where I am coming - we do not have a better solution, given all of the constraints I mentioned. However, I will revert to the committee on that issue once it becomes clear.