Right now under the SR&ED program if you are a Canadian-controlled private corporation and you make your claim for your SR&ED credit, the amount of your credit is refundable. So you're correct, a cheque is written back to you for that.
Our proposal was to try to take a look at all the other thirteen proposals that have been made to you, and one of the common issues is refundability. So how do you make it refundable for all SR&ED claimants and research performers? So if they would make a claim, and it would have to be on a go-forward basis that you would do this, they would make their claim as they all do now for the SR&ED amount and instead of it just being accumulated into a credit pool, from now on that would be available to be a refundable credit from CRA, as it is today for CCPCs.