Mr. Seamus McCarthy:

A number of the questions that have been asked this morning reflect the kind of concerns we would look to address in the course of any examination of any disposal, be it this one or other disposals of loans or property. We have sought additional assistance regarding whether the questions we are asking are reasonable and the conclusions we would draw stand up. In effect, the property market and the development market are peculiar. It is not like any other sale, procurement or tendering process. We are aware from auditing NAMA over the years that there are these kinds of peculiarities, practices and customs. The hope would be that a properly functioning market will generate good and reasonable value at a point in time. This must be tested.