Kieran O'Donnell (Limerick City, Fine Gael)
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That is absurd. It equates to negotiating a ceiling with a customer and telling him or her that in 17 years' time it can be increased to whatever rate the bank wants. No business person in the world would accept that. It is a blank cheque for the banks, not to put too fine a point on it. I am lost. I am trying to comprehend whether I am correct.