Mr. Gerry Cross:

For example, if it was required that compensation was to be paid all in one go by, say, the Motor Insurers Bureau of Ireland, MIBI, that would have a significant potential impact on the contributors to the fund. They would be required to pay a large sum in a relatively short period. This arrangement allows for the money to come from MIBI. If it does not have that money, it can be loaned by the Government and then be paid back over a period at 2%.