Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
5:00 pm
Ms Ann Nolan:
I have just been given this note. The Minister can only give directional orders if it is necessary for meeting the purposes of the IBRC Act, not if it is necessary for the general public interest. So it would be quite difficult to justify stopping the sale half way through on the basis of legislation which he can pass after the sale is over in any case.