Susan O'Keeffe (Labour) | Oireachtas source

I thank Mr. McKenna for the presentation. Is there a timeline by which this must be completed in terms of having the block of harvesting rights ready for sale? Terms of 50 and 80 years have been knocked around but I am unsure whether they are for 50 years or 80 years. Do these arrangements come with an option to renew? Clearly the details of any deal are rather important. I assume that all the large companies interested in buying such harvest rights - there are several such companies throughout the world - have their eyes keenly on this sale and they will be looking to see what will come of it. I assume they would negotiate for an option to renew.

What is the position in respect of water or carbon rights in the case of any sale? Will Mr. McKenna provide clarity because I cannot work it out in my head. Forgive me for not understanding.

The Irish Forestry Funds is a private investment firm. What is the relationship or where does it sit in the whole forestry business in Ireland? Will Mr. McKenna explain where it fits in respect of Coillte? Clearly, it could become a buyer with other partners. Anyway, we do not know who the buyer will be.

I understand there was an intention to combine Bord na Móna with Coillte. Did I misunderstand that? Perhaps Mr. McKenna will offer some clarity.