Mr. Michael Murnane:

The pension deficit stood at closer to €5 million at the end of 2016 following a section 50 process.

That pension liability is an estimation of future pension liabilities that will arise. There are 133 members of that scheme. It is a contingent liability that rests on the balance sheet and is disclosed as such in the accounts of the Irish Greyhound Board, IGB. It is being addressed with a section 50 policy and we also have a funding proposal in place in which it is planned to address that deficit by the end of 2023.