Oireachtas Joint and Select Committees

Thursday, 7 July 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Single Resolution Board (Loan Facility Agreement) Bill 2016: Committee Stage

11:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The transposition is done and we have the offence, but we want to bring the penalties up to this higher level. We have to do that as soon as possible. That is why, as Deputy Paul Murphy says, it is being shoehorned into this legislation which, of course, is not ideal. The important thing to achieve is to prevent there being a gap in the law.