Brian Lenihan Jnr (Dublin West, Fianna Fail)

I thought the Deputy wanted me to explain the philosophy of the section and to outline my intentions as a Minister regarding its operation. I have explained the philosophy of the section, but my initial intention is to state the 0.2% for all institutions. By virtue of the section, the Central Bank will be in a position to do a far more detailed assessment of the position of different financial institutions and their relative risk character. In that context, it would be open to me in the future to vary the amounts that are to be paid.

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