Paschal Donohoe (Dublin Central, Fine Gael)

That is different from the presentation and argument we received from the LDA. The argument we received from the LDA - we are cognisant of it also being the case for the wider cost-rental sector - is that tax is included in the calculation of cost. The presentation we received is that the various components with regard to cost are capital cost, management and maintenance cost, financing cost, financial risk and also tax. The presentation we received - the case the LDA made to us - was presented in such a way that tax is included in the cost. In addition, my understanding is that tax also features in the cost calculations that the broader cost-rental sector could make in the future and the yield that could also be gained in future. I am bringing this forward with a view to it being a viability measure.