Mr. Seamus McCarthy:

There has been a huge improvement in submission times as a result of the sustained pressure from my office and from this committee. There are no specific penalties for late submission but there is a great deal of expense and difficulty involved once they go into an arrears position and must get things back on track. It is really important that organisations get it over with and submit promptly. If they are called before this committee to discuss a specific issue, they should do so, deal with it and move on. There is nothing to be gained for any organisation from delaying.