Mr. Brendan Gleeson:

If I am being asked for a view on whether it is possible before some of those matters are clarified, it is very difficult for me to answer. I would not disagree with the Chairman. It is possible to come up with a set of broad principles before having any idea as to what the budget will be but it is difficult, however, to get into specific legislative proposals, for example, until one has some sight of what is proposed in other areas. All of that will depend on the outcome of the Brexit proposals, or at least a partial outcome, and at least the outcome of the exit negotiations at which the future financial dispensation will be decided.