Mr. Paul Hackett:

I have nothing to add other than to recognise that this is a strong SME sector within the economy that we need to protect. We have a strong, mainly Irish-owned group of travel companies but there is nothing to stop a travel company anywhere in Europe trading in Ireland, operating with an Irish web address and complying with all of the regulations that require them to have protections for the consumer. They will not have people on the ground, they will not have Irish employees and they will not have a headcount in Ireland. That is what is important and we want to protect that. As we said previously, this is a viable industry that can bounce back. It has survived and it is well regulated and licensed so we need to make sure we support it. That means we need clarifications from the Government on the CRSS initiatives announced yesterday.