Mr. Adrian Varley:

Just to confirm what Mr. Molloy said, we were not prepared today in terms of bringing the material for a discussion of the different aspects of the oversight function, including the very real aspect the Deputy talked about. I recommend that, given it was not on the agenda originally, we follow up on the clarity of the roles and responsibilities for that aspect of the oversight of the fund itself, as opposed to the administration of the fund, to make that distinction.