Mr. Brendan Gleeson:

The picture the Deputy presented about the definitive link between the tax and the fund was certainly the position years ago but it is no longer the position. The reality is that an Exchequer grant is given to these bodies every year, which no longer has that linkage with the taxes. The statutory requirement is that the Exchequer contribution, whatever it might be, will be divided 80:20 between Horse Racing Ireland and Rásaíocht Con Éireann. The question as to whether that is appropriate is a policy question. If there was a change in the legislation, that would be changed, but right now, we are required by statute to break it down in that way.