Oireachtas Joint and Select Committees
Thursday, 23 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Now, that's in particular regard to, under EEC ... EC Treaty, these rules, the bank was obliged ... the reference will come up there as I'm talking, so don't worry too much about that. Under the EC state aid rules the bank was obliged to submit a structuring plan to the EU Commission, and this was finalised in April 2010. I think it was then updated again in July 2011 and further revised in 2012. Now, in its revised plan - this is the 2012 EU restructuring plan - and it'll come up there as paragraph 3.9. It's in core documents AIB B17 at page 79-80, but I think it's going to be on your screen now as we're talking.
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