Rose Conway Walsh (Sinn Fein) | Oireachtas source

I understand that but we live in a republic where we are told we cannot have respite services for children with disabilities, we cannot build the infrastructure that is needed and we do not have even minute amounts of money to give to the most vulnerable in our society. In those circumstances, people can see the gross injustice that is being facilitated by the Government.

On the issue of the prevailing rate, the contract states very clearly that the margin is constant. It is very explicit in this regard. It states: "So, while your rate will move up or down in line with the ECB rate, you have the certainty of knowing your margin above the ECB rate will remain the same." It is made clear that the margin was meant to be constant. For this reason, I cannot understand why AIB will not agree that what it has done in terms of the retrospective application of the prevailing rate is not a breach of contract. Its position does not make sense.