Mr. Seamus McCarthy:

Yes, so a special arrangement was made. I would not be involved in an audit carried out in the normal way, whereby there is a commercial trading and a commercial activity. That is the standard. There is an expectation that market disciplines would drive commercial decision-making. Therefore, it is not necessary for the audit to be carried out by me and for there to be oversight by the Committee of Public Accounts. I think that is the logic of the distinction that is made between my auditing State-supported activities on the one hand and, on the other, commercial or quasi-commercial activities such as the ESB, Bord Gáis, Coillte and so on.