Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay. Section 10(2) of the Bill says that the reimbursement from the compensation body - in France, say - has to be transmitted in full to the Central Bank. It is then for the Central Bank to distribute that money in whatever required proportions to the insurance compensation fund, which is administered by the Central Bank, or to the MIICF, which is administered by the MIBI. It appears that the reimbursement is paid to the MIBI, which pays it to the Central Bank, and then the Central Bank pays it back to the MIBI to put it into a fund that is overseen by the MIBI. Why does it have to go through that process?