Oireachtas Joint and Select Committees

Wednesday, 3 July 2024

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

Motor Insurance Insolvency Compensation Bill 2024: Committee Stage

1:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Is our exposure under this legislation any greater than the exposure heretofore? We are changing who people claim from and ultimately who pays the bill. Is Ireland's exposure any greater? If Ireland's exposure is no greater, the current policy of ending the levies in two years' time is probably likely to continue. If Ireland's exposure is greater, obviously the Minister may have to consider whether the levies are appropriate at that time.

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