Colm Burke (Cork North Central, Fine Gael) | Oireachtas source

There seems to have been misinformation provided at the meeting on Thursday. The word “demise” is set out in the lease and it clearly sets out that SVHG is demising the leasehold interest for 299 years to the HSE. When the legal expert was asked by another Deputy does St. Vincent's still retain ownership of the building, the answer was that, yes, it does. Mr. O’Raghallaigh might translate into layman's terms the word “demise”. As I understand it, it means that we are transferring control for 299 years. Would that be a correct interpretation?