Oireachtas Joint and Select Committees
Tuesday, 3 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (Miscellaneous Provisions) Bill 2015: Committee Stage
5:15 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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How will this impact on the other rules in terms of the fiscal treaty? How does it work in the context of expenditure benchmarks and all of those types of rules? For example, if this were to arise this month and there was a call of €500 million that had to be repaid from the Central Fund to the Central Bank because of a payment, what would happen in relation to budgetary arithmetic and how would it be accounted for?