Ms Niamh Brennan:

The IFA has been the independent expert in two or three cases that have gone to the Valuation Tribunal in Holles Street. We have seen that process through successfully on two occasions. However, the Valuation Office has appealed to the High Court on a point of law that has not been disclosed. They are in favour of and agreeing with what we are stating - that no processing or value-adding is taking place - but they are appealing it to the High Court.