Ms Madeleine Delaney:

I would have to check that from a legal perspective. These are charitable funds that are owned by these entities that are invested in this way. It is very much a product of its time. It is something we inherited from the Commissioners of Charitable Donations and Bequests. It is something that the board is currently actively looking at. I can certainly ask that we examine the Deputy's request from a legal perspective as regards his getting sight of it. As it stands, I am advised that they are funds of these charities, so in that sense they are private funds. That is why they are not subject to the Comptroller and Auditor General, although the Comptroller and Auditor General obviously checks the ins and outs of what goes through the charity funds account which we hold. However, I understand the Deputy's concerns about it.