Michael Noonan (Limerick City, Fine Gael)
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No. The Deputy is always and in a very emphatic manner effectively making allegations that are incorrect. The purpose and general design of the scheme was discussed by me, personally, with the Governor of the Central Bank. We did not get into the last detail of it. What happened in putting in the 80% figure as opposed to 70% is that on the advice of the Central Bank, the scope of the scheme has been widened and not reduced.

I ask the Minister to move amendment No. 16.