Trainer Philip Fenton expects Last Instalment to run a "reasonably good race" as he makes his eagerly-awaited return from injury in the Kinloch Brae Chase at Thurles on Thursday.
The Gigginstown House Stud-owned nine-year-old won successive Grade One prizes at Leopardstown as a novice over fences, but has been sidelined by injury since the latter of those victories in the Dr PJ Moriarty Chase in February 2012.
Fenton said: "He will have been off the track for two years in February, so you would expect him to improve for the run, but, at the same time, we'd be expecting him to run a reasonably good race.
"It's obviously late enough in the season, so you'd be hoping he'll run well and we'll see where we go from there.
"He'll have entries in the big races at Cheltenham and places like that, but we want to get his first run out of the way before we make any plans.
"He seems to have retained all his old enthusiasm and we're dead happy with him at home, so fingers crossed."
With Arvika Ligeonniere not declared, champion trainer Willie Mullins instead relies upon Prince De Beauchene.
Noel Meade saddles Texas Jack and Realt Dubh, while Mouse Morris is represented by last season's Arkle Trophy runner-up Baily Green.
The eight-year-old was a well-beaten fifth in the Paddy Power Dial-A-Bet Chase last time, but Morris is hoping for an improved performance.
He said: "The ground will be against him, but I need to get a run into him.
"He got held up with a foot problem before Christmas and needed the run badly in Leopardstown. He's still a bit short now, to be honest, but I want to get him out.
"Hopefully he'll still run a big race and then we can make plans for the spring.
"He'll have entries in the Champion Chase and the Ryanair in Cheltenham, but let's see how we get on first."
A seven-runner field is completed by Tom Taaffe's Argocat and the Colm Murphy-trained Quito De La Roque.