Mr. Niall Cody:

Again, in terms of when the betting duty is transferred into the Exchequer, and so much of it goes to the horse and greyhound industry, is not a matter for ourselves. It is an amount that is the betting fund distributed on that basis.

We have no role in how the tax is distributed. It is not an attempt to say this money came from betting on horse racing and that has to be identified because it goes to horse racing. We just collect and transfer the full betting duty to the Exchequer.