Mr. Maurice Deverell:

Can I clear this up? The Senator is correct in everything he has said so far. To take an example of a €500,000 property. The tenant offers €400,000 for it, and that is fine, in the first 90 days. The Senator is 100% correct on the fact that the amount of time that goes on will be way over 90 days. The tenant then leaves the property because the 224 days, for example, have run out. The property is now vacant and goes onto the market. There is still the offer of €450,000 from the tenant but ideally the property is worth €500,000. The property goes to auction and makes €450,000. The hammer comes down. It is sold to the man in the green tie for €450,000 but that is not the council. Now it has to go to a ten-day pause------