John Cummins (Fine Gael) | Oireachtas source

I take the point on the viewing of the property. However, within 90 days, the owner will know the tenant's best offer. To be clear on further invitations to bid, the briefing memo from the Department says that if, following an unsuccessful bid by the tenant during the initial 90-day period, the landlord proposes to enter into an enforceable agreement to sell to a third party on the open market at a value that is lower than or equal to the value of the highest bid made by the tenant during the 90-day period, the landlord is required to give a further invitation to bid to the tenant. That is where the third-party offer is lower or equal to the tenant's bid and not above. If there is a bid from the private market that is higher than what the tenant has offered, there is no requirement to give that tenant a second or third chance. I have clarified that with the Department, and we can clarify it again on Thursday. That is the crux of this matter. To be quite honest, if that was not in it, I would have the same view as the IPAV. I teased that out. If that is the case, is the IPAV still of the view that it would slow the process down? I just do not see how it would if the owner does not have to go back to the tenant. The best bid is made within 90 days. On the open market, you might not even get a bid within 90 days. At least owners will know what their base figure is within the 90-day period.