Oireachtas Joint and Select Committees

Wednesday, 27 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance (No. 2) Bill 2013: Committee Stage (Resumed)

12:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The original restriction was a 50% restriction, but this is a timing issue. Am I correct in saying that those losses could have been used by the bank over time? It is not as if there is a loss to the Exchequer; there is a timing issue. Am I correct in saying that?

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