Mr. Gary Tobin:

I agree with a lot of what the Chair said but the State acted very responsibly in many ways throughout the financial crisis, which was terrible in Ireland, to prevent large-scale repossessions. A lot of forbearance was shown to people in mortgage difficulties. This was hugely important for keeping our society together during a very difficult time. We are open to suggestions and ideas, but we can only give an honest opinion of this legislation, which is what we have been asked to do. Some of the matters the Chairman raised are policy matters for the Government of the day and we serve the Government of the day, whichever party is in power.