Mr. John O'Sullivan:

It is a very good question. We always form the view that the measures the Deputy has mentioned towards ameliorating some of the circumstances do not really belong properly in valuation legislation. They belong elsewhere because they pertain to policy and to having scope to change that policy from time to time, whereas by its very nature, valuation law should be independent of all those economic circumstances. However, as Mr. Lavelle noted in terms of how we do the job, it is all based on evidence and the first and most important source of evidence is the ratepayers themselves with regard to the quality of information they give back to us. However, we also have access to other sources of information. For example, we have access to the Revenue Commissioners e-Stamping database. In addition, when it becomes available shortly, we will have access to the Property Services Regulatory Authority's new commercial leases database. Both databases should be extremely informative and we should be able to cross-validate what we are getting on the ground versus what is coming through those transactions.