The agreement with PPARC and NWO has ensured operational continuity of the ING, whilst, at the same time, providing additional time for Spanish astronomers. The IAC contribution consists of qualified staff, astronomers and engineers, plus an infrared imaging spectrograph for the WHT (LIRIS). The overall IAC contribution is equivalent to about half a million euros per year. The Spanish astronomy community increases its share of ING telescope time by 9.1% a year. In particular, this time is being used to prepare the science that will be done with the GTC.