Mr. Tim Conlon:

The role of the board is in the oversight and the corporate governance of the way it conducts its business and the way in which the schemes are operated. In terms of the funding decisions, that is a matter for the peer review process. It should sit with that. The international experts, or indeed national experts, will look at the proposals before the funder and will make a recommendation to the board. That should be the structure. It should have an international oversight or there should be an international aspect to it.