Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

My understanding is the bank would be automatically provisioned for under the terms of the fund and the regulations appended to the fund. Whether the bank would be a contributor depends on its asset base. In the Deputy's example, the bank would automatically become a contributor if it changed the manner in which it was regulated in an Irish jurisdiction. If the bank separated completely from operations in Northern Ireland and the parent bank in Scotland, it seems it would still be sufficiently large to get caught within the regulation.