Brian Lenihan Jnr (Dublin West, Fianna Fail)

There are a fair few questions there and it is difficult to work on a Committee Stage basis when I am asked a question on every paragraph. I will assist the Deputy as best I can. I wonder whether we should have had a proper Committee Stage so that we could go through the scheme paragraph by paragraph.

Deputy Morgan started talking about enforcement and paragraph 35 deals with that. The basis of enforcement is that a legal obligation of a civil character is being entered into by the relevant institution with the Minister. Hence the Minister has the power, by notice in writing, to increase the charge, to impose additional conditions or ultimately, to revoke the guarantee. Were an institution to engage in persistent misconduct in raising of funds on foot of the guarantee, the Minister would have power to revoke the guarantee and bring it to an end.

Deputy Bruton raised the question of the voluntary departure of an institution from the scheme. That is envisaged in paragraph 13 of the scheme. Paragraph 13.4 provides for when the covered institution, with the consent of the Minister, withdraws from this scheme. An institution can leave before the expiry of the period with the consent of the Minister——

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