John McGuinness (Carlow-Kilkenny, Fianna Fail)
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The IBTS has no right to discuss the issue. It collected the money. Mr. Kelly can correct me if I am wrong. The IBTS has collected the money and it has it in an account. I suggest it should pay it over to the Department unless the Department excuses it and says it does not have to pay. That is the question. Mr. Kelly is arguing that the IBTS wants to keep part of the money it has collected to fund its pension scheme. Is that correct?