Dáil debates
Wednesday, 4 March 2009
Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee and Remaining Stages
6:00 pm
Richard Bruton (Dublin North Central, Fine Gael)
I move amendment No. a1e:
In page 3, before section 2, to insert the following new section:
"2.—(1) Any advance contributions made by the Minister to the Fund shall be confined to the provision of funds to certain financial institutions agreed by a resolution of the Houses of the Oireachtas to constitute critical financial institutions to the provision of financial stability and the flow of credit in the economy.
(2) Any institution that receives funds under this Act must publish a quarterly report, to be provided to the Houses of the Oireachtas, detailing their increased lending provided to enterprises and first time home purchasers.".
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