Mr. Patrick Davitt:

It's not an audit from the point of view of a valuer. There's the person that would look at these valuations ... the compliance officer who'd look at these valuations isn't going out to look to see if the valuation figure came out right at the end of the day, and I don't think it's IPAV's responsibility to see that, because that person holds professional indemnity insurance, so if there's a problem with it, I think that's where it ... that's where the liability will lie.