Mr. Martin Fraser:

No, I am not saying that at all. The Clearing House Group comprises representatives from the public sector and the private sector. The private sector people are appointed by FSI, which is essentially the industry part of IBEC and a number of chairs of groups, such as the chief executive of the stock exchange, who by tradition have been on it. The phrase "co-ordinator" is not an appointment but just that the secretariat to the Clearing House Group deals with who is on the group. The private sector effectively come up with their own people and we come up with ours.