Oireachtas Joint and Select Committees

Thursday, 10 November 2016

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

Finance Bill 2016: Committee Stage (Resumed)

10:00 am

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

I will withdraw the amendment and continue the discussion on Report Stage. The relevant information that is missing is that if this were to revert back to what the late former Minister, Brian Lenihan, had introduced in the National Asset Management Agency Act 2009 the impact it would have on the capital position of the banks is not here and that would inform the debate as to whether this could be introduced without an effect on the banking sector.

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