Oireachtas Joint and Select Committees
Wednesday, 26 March 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Draft Heads of Central Bank Bill 2014: Department of Finance
3:55 pm
Mr. Feargal Ó Brolcháin:
The Greek measure was a small item of legislation. We thought for the sake of convenience it could be attached to another Bill. That was not well received and in view of that response the Minister considered it was not appropriate to do that. It could have been done soon afterwards, late last year, but the other issue relating to the ICS measure was current and the two were attached and finalising the ICS measure was more complex.
The Greek measure needs to be done by 1 July but the ICS element is more urgent.