Oireachtas Joint and Select Committees

Thursday, 7 July 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Single Resolution Board (Loan Facility Agreement) Bill 2016: Committee Stage

11:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I move amendment No. 6:

In page 5, between lines 4 and 5, to insert the following:
“or
(c) within one month of any payment made under section 3.”.

This is a simple amendment. The legislation currently states that the Minister shall report within a year or at the end of each year on the payments made. This amendment would include the option of the Minister reporting within one month after making any payments, so if a payment or a loan was made to the Single Resolution Board, a report would be required in a period of one month. It is a straightforward amendment and I look for the Minister's views relating to it.

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