Mr. Tom Considine:

Well, there are two levels of that, two levels at that. The first one is I suppose in so far as fiscal policy was concerned and in my opening statement and in my witness statement I outlined the measures that were taken in 2005 and in the ... for the 2006 budget to phase out a whole range of, you know, of supports for the property sector. So that's one thing. The other thing then is in relation to individual banks. Now the regulation of individual banks was at arm's length from the Department of Finance and I mentioned that in my witness statement. One of the results of the new arrangement, if you like, the two-board structure, was the Department of Finance didn't have any representative on the board of the Financial Regulator. So we would have been at arm's length from the actual regulation of individual banks.