Mr. Paddy Purtill:

The Revenue Commissioner's main policy is to maximise the collection with any particular business. If a business goes into a SCARP process we will go through all of the records on a case-by-case basis. A process adviser has to satisfy himself or herself that the company is insolvent and do his or her own audit of that business in order to ensure that. The Revenue Commissioners would ask a lot of questions based on the accounts of that business, the activity of the business and whether there were difficulties how they happened. We would satisfy ourselves as to where that business is at with regard to that restructuring and based on that business we would then make a decision on whether we believe we are getting the maximum we would get. We cannot be prejudiced in a SCARP in comparison to a liquidation, so we should be getting more than we would get in a liquidation for the Revenue Commissioners to agree to a SCARP. That does not mean we should just get a euro more. We should maximise as much as we can from the SCARP process and once we are satisfied with that, the Revenue Commissioners will opt in and vote in favour of a SCARP.