John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Arising from Deputy Durkan's questions, I would like to clarify that the investment funds being referred to, from outside the country, can buy whatever they like. No restrictions have been placed on their commercial activities in the market if they are buying property, houses or blocks of apartments. Is that what was said? An outside investment fund, like an individual, I presume, can purchase what it wishes. It can buy up land for forestry or any other project, houses and blocks of apartments. Its engagement is directly with whatever management entity it will put in place relevant to the project. As for the Central Bank's overview of these funds, there is no role for it here.