Mr. Conor O'Kelly:

We do not have to wait until that stage. We put in a claim to IBRC and the banks, as members are aware. That scheme, which was introduced in March 2013, ended in March 2018. Under the scheme, the NTMA, on behalf of the State, claimed the interest and was paid the interest due by the banks. That has been completed and the auditors of those banks are completing statements to confirm that everything due has been paid. There are some residual outstanding claims in regard to IBRC claims but NTMA ranks quite high up the chain of creditor priority and will not have to wait.