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

Mr. Conan McKenna:

I was just going back to make that point. I suppose where we are coming from in that regard is also that a number of professional regulatory bodies and regulators have clauses in their regulatory systems about actions bringing the profession into disrepute and things like that.

It is not beyond the bounds of possibility that those kinds of routes could be used. Having said that, we take the point. Most of what we are hearing about receivers, including what we have heard today, relates to the rights of tenants in cases of receivership and to unacceptable behaviour by receivers or receiver assistants, or both. I tried earlier to point out that those two areas are already being examined carefully. In the case of tenants, that examination is nearing a conclusion. The committee might want to look at the report when it is produced by the Department of Housing, Planning and Local Government. I think it will be quite effective.

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