Mr. Edmund Honohan:

No, I was not. This is a public service broadcast on my part.

There is an information deficit here. Nobody knows about this directive. Nobody knows about Article 28 in the directive. The quick method of communicating the advantages of this new moratorium, as I call it, is to communicate it directly to the TDs. They are entitled to know what is going on and they are entitled to get this information at this point and not two or three years down the road when the Central Bank has sorted out what it intends to do with it. This is the point now where TDs can tell their constituents they should go to their solicitors, and if they are not getting reasonable forbearance, they should injunct the lender because they are entitled to have reasonable forbearance offered to them under the EU directive. That is the new law. Its direct effect is that they are entitled to an offer.