Brian Lenihan Jnr (Dublin West, Fianna Fail)

Not necessarily. I am answering the question in Deputy Burton's amendment, that it should be mandatory to take shares. I am outlining circumstances in which we would take shares. I am also suggesting there could be a temporary shortage of liquidity where the taking of shares might not be essential and where a more valuable consideration could be obtained, The crucial point is that if an institution has hope for recovery, the Minister can get something more valuable. We are discussing scenarios I do not envisage happening under this legislation but it is important the Minister has power to deal with them.

Deputy Rabbitte raised the question raised by Deputy Shatter and I have dealt with that issue. I will try to deal with most of the queries raised but perhaps some minutes remain.

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