Mr. Donal Leahy:

To expand on the sectors that are excluded, there is almost nothing new in the sense that there are about four sectors, including gambling, tobacco and adult entertainment. These are traditionally excluded, sometimes for legal reasons. There are international agreements among states not to support tobacco companies, for example, and also, from experience in dealing with certain industries and following advice, it was thought it would be unhelpful for the State to be involved. In general with schemes, however, we do not look at sectors anew and decide what is or is not appropriate, apart from in the case of those four categories.