I propose to take Questions Nos. 371 and 389 together.
Under the terms of the EU restructuring scheme for the sugar industry, the processor must fully dismantle the sugar production facilities in order to qualify for the full rate of restructuring aid. The scheme also provides for payment of a reduced rate of aid of up to 75% in the event of partial dismantling and use of the remaining facilities for the production of products, such as bioethanol, that are not covered by the common organization of the market for sugar. In applying for restructuring aid, the processor is required to submit a detailed restructuring plan setting out, inter alia, a complete technical description of the production facilities proposed to be dismantled and the associated timetable and costs. A decision will then be made on the eligibility of the application. Detailed rules for the implementation of the scheme will be laid down in a Commission Regulation which, it is anticipated, will be adopted this month.
The question of utilising the Mallow plant for bioethanol production is a matter for commercial decision by Greencore itself. I have been informed that the company has no plans for using the Mallow plant for that purpose. As regards the Special Share which I hold in Greencore plc, that share has the same monetary value as any other share in the company but has conditions attached which prevent the company from engaging in a number of activities without the prior written consent of the Minister. In summary, the Special Share prevents the disposal of the controlling interest in Irish Sugar Ltd, or a certain percentage of the sugar assets and prevents a single shareholder or group of shareholders from gaining control of Greencore plc. It does not empower me to get involved in operational matters such as a decision to produce bioethanol.