Oireachtas Joint and Select Committees

Thursday, 18 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Governance and Regulation of Receivers: Discussion

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The receiver is the only one who can do it. If Mr. McKenna was running a public house in Kilkenny, he would be the licensee. If Mr. Carroll appointed me as the receiver, I could not go in and run that public house. I would have no licence to trade. The receiver is closing the business.

Are there any protections? I am at somewhat of a loss as I came in here thinking the questions were about how long we would have to wait to get more regulation, make sure that receivers are regulated and that there are minimum qualifications but I now find out that there is not any plan for that.

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