Oireachtas Joint and Select Committees

Wednesday, 3 November 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Central Bank

Mr. Gerry Cross:

I thank the Senator for her question on investment limited partnerships. As she said, the legislation on these was recently amended by these Houses. We have been comfortable with the legislation and what it introduced. As I said earlier, the framework in the first instance is to give quite a wide scope. Of course we will look in future where it could be further applied and further benefit could be applied. I do not want to prejudge that sort of sequencing. We have not yet got to that stage but I note the Senator's comments.