Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

That brings me back to the question I asked Mr. Richardson and Mr. Wallace earlier. I will put it to Ms Nolan. Yesterday evening's announcement that everybody in the phase 2 bidding process is in verbal agreement to adhere to a voluntary code of conduct means there is a flat-line position between all of the phase 2 bidders, even if we might not call it a level playing field. Does this change the Department's thinking about the legal advice it received previously regarding imposing conditions on the sale that would have an adverse effect on the value of the loan book? Now that everybody is actually in that space, has it been considered that it could be possible to put a legislative framework around this that would not have an adverse effect on creditors?