Mr. John Hughes:

In a moment, my colleague might want to come in but in principle, what we have in mind is the capacity to partner with ISIF. Then, we will look at local authorities and utilities. However, to be transparent with the committee, there is a possibility of having a private sector partner but there is not an active negotiation. The terms of each DAC will set out who the shareholders are, what the ownership is, how dividends should operate and how the wind-up of the DAC would include disposal of the assets the DAC has. All of that would have to be set out within the terms, not of the legislation but of the operation of that provision. In each case, the respective Ministers - the Minister for enterprise and the Minister for public expenditure - would have to approve the memorandum and articles of association for each individual DAC.