Commonhold and Leasehold Reform Bill [HL]
Baroness Scotland of Asthal (Parliamentary Secretary, Lord Chancellor's Department; Labour)
My Lords, I am certainly happy to do that. Any consenting leaseholder might, of course, consent without the funds to compensate. The position of the extinguished leaseholder will be that of an unsecured creditor in each case. However, it ought not to be the case that a professional such as a liquidator or receiver should exercise the right to consent when there is a chance that he will be unable to fulfil his obligations to pay. However, we believe that this issue will need looking at. I am happy to consider it further and, if appropriate, for it to be dealt with in another place.