Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
As far as I recall, Deputy, there was ... in the ... in the domestic standing group, I think, at some stage in 2007, a scoping paper was prepared by the Department of Finance about tasks and a kind of a programme of work, as I recall it, for issues relating to financial stability and preparations that should be made. And it covered a range of topics, including having a look at a deposit protection scheme, legislation for nationalisation, etc., the tools that might be needed in the event that there was a crisis. And I think legislation for nationalisation was one of the things on the list, that was on the scoping paper. I think that was it now, as far as I can recall.
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