Mr. John McCarthy:

In regard to the 25 sites and land purchase generally, there is always a balance to be struck in terms of local authorities and when they choose to buy particular pieces of land. To get a site at a good price, they may take a five to ten-year time horizon and even though it may not be zoned now, they may see, given the way a particular location is developing, that it is likely to come in for zoning as part of a future development plan. They may choose to try to get in at a low price and be ahead of the market. That was part of the urgings that were being put in place.

In some instances after the market changed substantially in 2008, there would have been a review of development plans in some local authority areas where there would have been overzonings. The sites might have been zoned initially but have now been unzoned, but that does not mean they will not come back into potential for development again, primarily for housing purposes or perhaps for some other public purpose. In terms of these particular sites, they remain in the ownership of the local authorities and it will be up to the local authorities to make a determination as to the appropriate use for them. Some of the issues around access may well have arisen after sites were purchased because pieces of sites can be given away for a bit of road widening or other issues that may impact on the potential use of the site. There is a range of individual factors that can arise. I do not think it is a case that all of these sites will never be usable. It is an issue of resolving whatever are the particular problems associated with the sites and also probably an issue of timing in terms of when zonings may arise.