Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The pre-legislative stage was very helpful. The Minister of State, Deputy Perry, spoke on Second Stage on the issue. Section 1 is one of the two parts of the Bill which facilitates the transfer of assets and liabilities from ICS Building Society to Bank of Ireland in order to comply with the conditions attached to its restructuring plan which was endorsed by the European Commission. How soon will the transfer take place after the enactment of the legislation?