Oireachtas Joint and Select Committees

Tuesday, 26 March 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank of Ireland: Discussion

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

If there is blanket rejection the Central Bank has had an interpretation of it and is standing over it. If that were to be tested in a court of law the Central Bank will stand over it. It has received its own advice and it will provide us with that. There is the issue of the banks trying to apply retrospectively commercial common sense. There is the issue of contract law.

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