Dáil debates
Wednesday, 1 October 2008
Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages
1:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
In the term "commercial or other terms", the deletion of the words "or other" in section 6(4) would mean that the Minister was precluded from providing financial support on other than commercial terms in circumstances of grave financial instability. This could impact on the Minister's role in maintaining financial stability and, therefore, I cannot accept the amendment.
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