Simon Harris (Wicklow, Fine Gael)
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I take the Deputy's point. Where an ICAV is, in effect, going into or is in liquidation, but there is a period of time during which the fear is that it will continue to take in more funds, the Central Bank has the power to immediately stop the bank seeking new funds or issuing new shares. It is something I am happy to re-examine between now and Report Stage. It is not the case that a period of 28 days has to be allowed to elapse before the Central Bank tells an ICAV it is not allowed to take in any more funds.