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

Why is the Central Bank the body to divvy it out? Why does the MIBI not just keep the portion that it is entitled to? It could put it into the fund that it administers and transfer anything to the Central Bank in relation to the fund that it administers, which is the insurance compensation fund.

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