Mr. Peter Nyberg:

That is something which the commission did not look into. Not being a lawyer and, particularly, not being an Irish lawyer, I really could not answer that question. The point the commission tried to make is that, in effect, the Government might very well, regardless of when the legal situation changed, have had to decide in any case whether to guarantee the banks and for how much and for how long and so forth, in order to ensure that the banking system would be open and that people could get their money from the banks and so forth. That was the real issue. When the legal form was, or should be, considered fully established is another question which was not within the remit or the competence of the commission to decide.