Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Gallagher:

No, because we had the legislation. It was introduced in the Oireachtas on 30 October. We just went ahead and finalised that. One of the things that we were very concerned about was to ensure that it was watertight and in particular that it terminated as of the end of September 2010 and didn't extend beyond what was intended at that time. And that was prepared and went ahead, and we also went ahead with our submission to the European authorities.