I propose to take Questions Nos. 263 and 264 together.
The Port of Waterford Company operates under the Harbours Acts 1996 and 2000. Under the Acts, the primary function of the company is the management, control, operation and development of its harbour, while ensuring that its revenues are sufficient to meet its expenditures. In light of this statutory requirement, the company informs me that it has been conducting a review of its non-core assets to determine the appropriateness of their retention in present circumstances.
The company now provides its core facilities for ships and goods at Belview in County Kilkenny. Accordingly, the property at the north quays is one of the company's principal non-core assets. I am informed that the company is taking the preparatory steps necessary in order to be in a position to offer the property for sale. I understand that discussions are ongoing between the port company and the fishermen regarding alternative facilities within the harbour for the fishing vessels currently docking at the north quay. This is a matter for the port company and the fishermen.