Ms Alice Murphy:

The question is if the building belongs to the St. Vincent's Healthcare Group. As everybody probably knows at this point, St. Vincent’s Healthcare Group is named in the lease document as the landlord. The solicitor, Mr. Simon McGarr, has pointed to a schedule to the lease which says that the land here and all the buildings that are erected on it belong to St. Vincent’s Healthcare Group. The schedule does indeed say that. The lease then goes on to say that the landlord gives away the land and the buildings for a period of 299 years. Whether or not you regard this as ownership would appear to be a matter of perspective. Some disagree that a 299-year lease is ownership. I disagree with them. It was referred to earlier that a minimum period of 70 years is required to be legally considered as ownership. We have here 299 years. In particular in relation to the building, for the entire relevant life of the building, it will be in the ownership of the HSE under this lease. I am absolutely happy and confident in saying to the committee that the building will belong to the HSE.