Examination of Witnesses (Questions 416-419)
MR PETER
MCNAMARA,
MR ASHLEY
DEAN, MR
RON DELNEVO
AND MR
MARK MILLS
1 FEBRUARY 2005
Q416 Chairman: Good morning and welcome.
I am sorry the first session ran over, but you were all present
and you heard my outline at the beginning on this being a public
policy issue and we are looking at the future of the market. I
think Mr Delnevo, Bank Machine Ltd, has written to us and said
that in terms of the development of cash machines it has been
a "win-win" situation already, so I do not think I will
go along the table and ask you that. I presume you all agree with
Mr Delnevo that this market is a win-win one? Okay; thank you.
For the shorthand-writer could you introduce yourselves?
Mr McNamara: Peter McNamara, Chairman
at MoneyBox.
Mr Mills: Mark Mills, Chief Executive
of Cardpoint.
Mr Dean: Ashley Dean, Managing
Director of TRM.
Mr Delnevo: Ron Delnevo, Managing
Director of Bank Machine.
Q417 Chairman: We will come on to discuss
the details and the rules of transparency charges later in this
session, but LINK told us that five members voted against the
new requirement for approved transparency at the meeting on 14
December, and, as you heard earlier, LINK were unable to supply
us with the names of the companies that voted against the new
requirement because of what they said were "confidentiality
agreements". Can you each tell us whether your companies
voted for or against the requirements for improved transparency
and, if you did, give your reasons for your decision?
Mr Delnevo: Against, because LINK
was simply rushing to react to the fact that there was a Treasury
Select Committee rather than spending time properly examining
all the issues.
Q418 Chairman: So LINK are opportunists,
are they?
Mr Delnevo: You used those words.
I am not using them. I have given my position.
Q419 Chairman: Okay, we will maybe come
back to that. Mr Dean?
Mr Dean: As it happens TRM voted
for the proposal, and I think that was on the basis that primarily
we would like to get on and run our business and are very happy
for things to be transparent and were keen, therefore, to do and
to support anything that allows us to move on from this issue
and get on with our business.
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