Mr. Seamus McCarthy:

It may come back to the point about the disclosure of the statement on internal control, SIC, and disclosures that are required in the code of practice are not required of the local authorities. Obviously, the standards in terms of the protection of assets and compliance with procurement and so on are there as obligations. Going back to what we were discussing earlier about the SIC, an auditor typically audits something that exists. If the declarations do not exist, it is much more difficult for the auditor to carry out a programme of work that would address whether it is compliant, complete and accurate.