Oireachtas Joint and Select Committees
Wednesday, 7 December 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (Resumed)
Paschal Donohoe (Dublin Central, Fine Gael)
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My officials advise me that this matter is dealt with under the drafting of "degree of co-operation". This is why it is captured. I completely understand where the Deputy is coming from, but this is why a consideration articulated in the legislation is the actual conduct of the person during the commission. In the Deputy's scenario, and it is more than hypothetical, unfortunately, what we have done is draft the sanction legislation in such a way that the performance of the person in engaging with the inquiry is relevant to the sanction that person will receive.