Michael D'Arcy (Wexford, Fine Gael)
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Deputy McGrath has clearly outlined his interpretation of when the clock would start in relation to the long-term service. On the question of whether it adds up each year to be a long-term service or not, the Government's interpretation is that it does not. An annualised service is an annualised service and it starts when one takes out a policy, as Deputy McGrath outlined. As the Deputy will know, the courts have an obligation to hear and view the debates. We are having the debate. That is the interpretation as we see it, and that is also Deputy McGrath's interpretation. If a case goes before the courts, we have outlined the legislation and the spirit of the legislation to do what we want it to do. It is really a matter for the courts. We have pitched it in the way that we feel it should be. Deputy McGrath has articulated that well. I understand his outline of it as, I am sure, does Deputy Doherty. If that happens it will be a matter for the courts rather than the Financial Services Ombudsman. I am happy to try to facilitate that.