Mr. Barry Quinlan:

We worked with the Valuation Office. We are confident that amending the formula is the best way to do it. We want to tweak it to take account of appeals, the leakage that can come from them and the effect it can have on equity in the payment of rates overall. This matter is critical because of the potential inequity in revaluing in counties at the same time as there is a global change. It is an anomaly in the formula. The best way to try to fix it is to fix the formula. We have taken the advice of the people who are expert in the matter.