Mr. John Coleman:

Yes. We have governance structures in place to deal with that. We recognise that while we were set up to be an independent, commercial semi-State body, we are ultimately custodians of public money. We are very conscious of that and we have rigorous internal procedures in place for valuing sites and developments and, ultimately, for valuing investment decisions. We have two sub-committees of the board of directors, namely, the audit risk committee and the investment committee. The investment committee scrutinises proposals to ensure there is something from a risk and value perspective for which the LDA should be utilising public money.