Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I am familiar with that and obviously a rent receiver in a place where a landlord is not passing on repayments is completely legitimate, but that is not the issue. This is nearly a strategic default. The idea is that the fund calls in all of the arrears within 30 days. That is next to impossible for someone who is trying to manage through an arrangement. These individuals are making repayments. However, the idea involves an instruction to clear up arrears in 30 days or else a receiver will be appointed. Then, when the fund appoints the receiver, it does not have to go through the courts system.