Mr. Patrick Casey:

I will not make any specific comment on that last point. What I would say is that the former Newbridge premises that Deputy Dowds asked about was not transferred to Permanent TSB as part of our resolution of Newbridge Credit Union. The premises was retained by Newbridge Credit Union Ltd., which is the former legal entity of the credit union. We sought the appointment by the High Court of a liquidator to that entity in December 2013, following the transfer to PTSB. The liquidators are in the process of selling the assets of that entity. The remaining substantial asset is the building. Contracts for sale have been signed between the liquidator and the acquirer, which is the Office of Public Works as purchaser of the building. We understand the sale will go through - completion will occur - sometime over the course of early 2015. I guess some time before Easter. In terms of the proceeds of sale, the Comptroller and Auditor General mentioned in his opening statement that despite the fact that the incentive for the transfer was provided to PTSB, under the legislation the actual incentive becomes a debt of Newbridge Credit Union Ltd. For that reason, the proceeds of sale will return to the resolution fund in due course.

On the question about local community use of the building, as soon as the building is sold, its use will be a matter for OPW.

I am not in a position to answer on its behalf.