Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

To clarify, we are speaking about the backstop. It is the very last line, which is what the credit line would be, and no one can stop it. This loan facility is the last call which could possibly be made on the State. It is only a loan from the State which would be paid back by the banks. It is not even a call on the sovereign, either necessarily or directly. Nothing can be changed in so far as this legislation is concerned by another member state to stop what we are agreeing today, which is the loan facility being the backstop until such time as the fund comes into full effect in 2024 and the permanent backstop is agreed. Anything that might change the course of placing a charge on the State would come back to the Oireachtas for agreement. That still stands regardless.