Oireachtas Joint and Select Committees

Wednesday, 9 November 2016

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

Finance Bill 2016: Committee Stage

10:00 am

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

They had the normal discussions they have; there is constant interchange between the banking section and the Department. I also discussed it with the Governor of the Central Bank, as I mentioned earlier, and I understand the Central Bank took some soundings on how the lender banks, the mortgage providers, would deal with this proposal in terms of the deposit and their willingness to include it as part of a deposit.

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