The first comment is that I think it is useful for taxpayers and tax advisers to know the Department of Finance's position, so in that sense I think it is working very well, and it's very much appreciated. Clearly, what isn't working well is if a comfort letter gets issued at one time and it takes an undue period of time to get passed; Then you have the issue we've described of uncertainty. So there's good in it, but it needs to be addressed on a timely basis.
On March 5th, 2013. See this statement in context.