Mr. Seamus McCarthy:

Essentially, the commissioners hold funds in trust for charities that do not have an immediate need to use them. They invest the funds. As I understand it, they distributed interest generated by making a set of decisions around the best way to apply it. They subsequently identified that they could have distributed it in proportion to the charities whose funds had generated the interest. They had distributed it to other charities. It was subsequently found that it was more appropriate and fair to distribute it in line with those who had deposited the funds.