Once the joint administrators had indicated that there was a likely to be a significant call on the ICF, the Central Bank was required, under section 6(2) of the Insurance Act 1964, to assess the financial well-being of the fund to advise me as Minister for Finance, under section 5(1), whether I needed to advance money to the fund. At the time of the sales announcement in April the joint administrators had indicated that there was likely to be a call of €600 million on the ICF. On 25 May, on the basis of information supplied by the joint administrators, the bank advised that of this amount, there was likely to be a shortfall of approximately €173 million for 2011, meaning money would need to be advanced this year. This was based on a requirement by the administrators of €203 million and the fact that there was €30 million in the fund at the time. However, as I said, the administrators subsequently revised their overall call to €720 million and some €320 million will be required this year. As there is €40 million in the fund, I will need to advance €280 million in early October. I have made an appropriate provision for this.