Subsequent Events
A provision for the expected loss given default under the Retail Deposit Guarantee Scheme has been made applying the assumption that the Scheme will finish in October 2010, the policy position as at 30 June 2009. The policy decision to extend and amend the Retail Deposit Guarantee Scheme was subsequently announced on Tuesday 25 August 2009. As this represents a change in conditions that arose after the reporting period, it has not led to an adjustment of the provision. However the decision would be unlikely to significantly impact the amount of the provision.
