I welcome members, the press and the public to the 27th meeting of the Finance Committee in 2004. I remind members to switch off all pagers and mobile phones. No apologies have been received and we are all present.
Under agenda item 1, I ask our new member, Frank McAveety, to declare any relevant interests.
As far as I understand it, I have no relevant interests in relation to the Finance Committee. I refer members to my entry in the register of members' interests.
Thank you, Frank, and welcome on board the Finance Committee.