Mr. Bill Stanley:

The case studies are very revealing in this regard. These were innovative agreements. When they were initially set out, it was very advanced thinking to look at 40-year term agreements, all of which were designed to maximise afforestation and to increase the accessibility of afforestation to landowners. If one looks at the case studies, the majority show that the split of value is of the order of 60:40 between the partner and Coillte. The early scheme had a split of value which was much more heavily weighted in favour of the landowner.