Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

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

Finance Bill 2021: Committee Stage (Resumed)

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I move amendment No. 106:

In page 122, between lines 9 and 10, to insert the following: “Report of Minister

58.The Minister shall, by 31 December 2022, lay a report before both Houses of the Oireachtas reviewing the financial impact of the exit of Ulster Bank and KBC from the Irish market on Allied Irish Bank and Bank of Ireland, whether the levy on certain financial institutions should be increased on Allied Irish Bank and Bank of Ireland as a result, outlining the deferred tax assets still held by these two banks and whether they have increased charges for domestic customers following their increased share of the banking market.”.

I covered quite a few of the arguments in my previous contribution.

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