The Central Bank has advised my Department that it cannot comment on their contacts, if any, with individual financial institutions on this issue. I can confirm that neither my Department, nor myself, have had any contact with AIB or Bank of Ireland in relation to this matter. I am advised that Irish Life and Permanent previously offered such a scheme and as a result the matter was discussed, as part of the regular interactions between Irish Life and Permanent and my Department to ensure that such schemes avoid any potentially adverse consequences for the bank and the State as majority shareholder. Issues such as these, are and must remain, a commercial matter for the Board and management of those institutions.