Mr. Donal O'Raghallaigh:

As regards the deed of indemnity that is given pursuant to the shared transfer agreement, it is in recognition, as not unusual in a charitable consideration-free transfer, that the St. Vincent's Healthcare Group would indemnify the congregation in respect of claims relating to the hospital sites, namely, St. Michael's Hospital, St. Vincent's Private Hospital and St. Vincent's public hospital. As regards how those claims are addressed, most of them relate to the insurance policies the group has in place. The hospital has been trading in its own name rather than that of the congregation for more than 20 years, so the risk is considered minimal.