Oireachtas Joint and Select Committees
Wednesday, 29 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (State Guarantees, International Financial Institution Funds and Miscellaneous Provisions) Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
With respect, we are talking about what is in this legislation. There are caps in the legislation regarding liabilities, and I am asking what happens if you add up all the caps on liabilities. I understand those liabilities have not, at this point, been created in full but I think it is a fair question. The caps on liabilities are in the legislation. My understanding is that that liability to EIB is capped at €35 million, that to EBRD is capped at €10 million and that to CEDB is capped at €10 million, and that two other caps on EU funds, as the Minister of State outlined, are in the region of €140 million.
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