Mr. Niall Cody:

I know the budget oversight committee has looked at the whole area of film credit and has made proposals. The various Departments have appeared before the committee and we were in at one of the earlier hearings. We play close attention to the structure. Obviously at one level the film credit has been hugely successful and the film industry in Ireland has been hugely successful partly as a result of the film credit. That structure is set out. Our role is to ensure the proper taxation at the various levels and that is what we pay attention to.