Mr. Liam McGroarty:

In a social outcomes contract instrument. Okay. To begin with, we must put a value on the outcomes. If it is treating type 2 diabetes, what does that cost the State? We come up with a system to put a price on either children leaving school early or who are not involved in sport or adults who are not involved in lifelong sport. We come up with a financial value for that. That financial value is checked with the Minister concerned. The Minister for Education will say he or she agrees that the price we have for that outcome is reflective of what the Department sees, and an agreement is made on what is called a rate card.

A contract is developed to establish what amount should be paid back if a club makes an impact on two outcomes and 20 people. It is like a normal contract with terms and conditions relating to when it is paid back and how to verify that this has happened. We believe Ireland's role would be very much about managing the contracts in order that everybody is in agreement on the rates, when they should get the money back and on what conditions they get it back. Some get money back based on 60% of the outcome being achieved and others when 100% is achieved. It is very much managed by an authority outside of the parties. We believe Ireland could be the independent authority that manages the contracts and the financial transactions.