Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
But the Minister ... just to clarify there, it's article 8, which says:
The Minister may review and vary the terms and conditions of this Scheme from time to time ... no later than six-month intervals, to ensure that it is achieving [its] purposes [under] the Act ... At such ... review, the Minister shall consider, inter alia, the continued requirement for the provision of financial support under this Scheme with regard to the objectives of this Scheme and section 2(1) of the Act ... The results of [the] review shall be provided to the European Commission.
But it's the Minister had the ability to review whether the likes of Anglo Irish Bank should continue to provide ... to be guaranteed under the scheme.
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