Annie Hoey (Labour) | Oireachtas source

We had a discussion last night, not in this committee but in a different meeting, where there was something put forward that they could only take out a mortgage against the future value of it, which would be at the end of the term, which is in 300 years' time. I was also somewhat confused. Perhaps Mr. McGarr can give a legal analysis. We were told that they cannot, really, in any way, manner or form, take out a mortgage against this particular building or site.