Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Fiscal Responsibility Act, to which this go back to, is in line with European law. It is a matter for the Oireachtas to trigger this if it is required and if the Minister presents it to the Oireachtas. That is what it is for. It is not to bail out banks. It is a disservice to say that it is to bail out banks. There is a structure there for the banks to be bailed-in, via depositors, investors and the new structures that are in place. I cannot keep saying this.