Mr. John Treacy:

The committee is made up of board members in the main. Oversight of governance is a function of Sport Ireland as well. We have rigorous processes around all of our funding. We deal with risk at a very high level within all of the different units and senior managers report to the audit committee on a regular basis, providing their risk profile across the various programmes that they operate. They also handle issues highlighted by the Comptroller and Auditor General. Financial statements are approved by them. The right expertise is on that audit committee. It is a very good committee.