Ms Ann Nolan:

There is a connection if we interfere with the sales process before it is finished in such a way as to provide a legislative change that could possibly change the value. How much it changes is moot but that is not the issue. If we bring in the legislation now, the other creditors can say we took some of their value and can sue us. It would be better to bring in the legislation in a more general way that is not related to IBRC. That applies to all the other mortgage holders and would also be fairer to other mortgage holders whose mortgages have been sold.