Mr. Jim O'Keeffe:

As the Deputy knows, I cannot comment on how Permanent TSB and other banks operate. We are attempting to be in constant engagement with the borrower to find a solution and have the rent etc., paid in terms of the debt. At a point in time, when we are unable to make progress in this regard, we will move to appoint a fixed-asset receiver, with the purpose of selling the properties. In some instances, the process may be prolonged and the fixed-asset receiver collects rent but it is not typical for us to appoint rent receivers. I am not able to give the Deputy an indication as to why circumstances might be different in the other organisation. Where we have fixed-asset receivers appointed, the intent is to sell the property.