Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Dr. Peter Bacon:
Somewhat, but that is the function of the legislation. They get a report on 20 March, they implement, they make the announcement on, whatever it was, 9 April, and then there is a whole statute that grows for, I think, 18 months or two years. In the end what one finishes up with is a statutory agency implementing a statute.