Mr. Brendan McDonagh:

The asset recovery manager who is dealing with the debtors is expected to know everything about his or her debtor connection. It depends on the value of the lease. There is a different level sign-off for low value leases but there is also a two person sign-off on every approval and transaction. A high value lease would probably come to my desk and I would have to sign it along with the head of asset recovery. A lower value lease would be signed by the deputy head of asset recovery, and it cascades down through the organisation.