Mr. Fergal Carruth:

A full set of financial accounts is presented annually to the membership, that is, all the clubs, county boards and provincial councils, weeks in advance of the annual general meeting, AGM. Our membership is given the opportunity to ask any questions it may have in advance of what was the convention and what will now be the AGM of the company, which will include the clubs. Any questions members have, if they put them in writing, are answered on the day, but if they have not been put in writing, we will attempt to answer them as well on the day, if possible. Following our invitation to this meeting, we asked whether there were any specific questions that might arise or any areas on which it might be of greater assistance to the committee to be given those questions in advance, and we would, of course, have come with those answers. I will be perfectly happy, if it is okay with the committee, to respond in writing to the Senator's question in order that it can go on the record of the meeting.

Insurance is now looked after, given it is managed by our CFO, a chartered accountant. He puts out a tender process for the insurance annually and we get at least three quotations. I am sure previous insurers were included, up to a certain point where they did not seem to be competitive, but I will ask about the year the Senator mentioned. If he can give me more information on what he would like us to answer, I will be happy to respond to the committee in writing on that too.