Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

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

General Banking Matters: AIB

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

Dr. Hunt may have already answered this next question for Deputy Durkan. In Britain AIB is currently in non-binding discussions with suitors to purchase the commercial loan book. Will Dr. Hunt confirm that the employees on this loan book will be protected by transfer of undertakings, TUPE, legislation? If I am correct, I believe that Dr. Hunt said he answered this for Deputy Durkan but I just want to check. Can Dr. Hunt say that it would definitely be protected and unaltered?

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