Mr. Niall Cody:

It was very interesting. One of the farmer representatives spoke about the challenge and the impact in particular in areas with good land. The challenge is that there is relief for agricultural land. In a way, it is not tax avoidance if they go on to farm it. There is also a challenge with regard to leasing. It was interesting that when the interviewer asked whether the tax rules should be changed to deal with it, there was silence due to what the implications would be for normal farmers.