Ms Susanna Lyons:

It is our role to oversee these bodies and to make sure they are operating in the correct manner. Whether funding ends after 25 years is a contractual matter for the Department. However, our laws and the way our legislation is written at this time relates to how they were funded and, as the Deputy will appreciate, that is exactly where our powers come from. If a property has a mortgage, we have substantial powers. We have the power to go to the High Court and ask for an order where we can bring in new directors and stop the sale or transfer of a property. Therefore, we do have considerable powers in that regard and we will utilise those.