Dáil debates

Wednesday, 17 June 2009

Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage (Resumed) and Remaining Stages

 

4:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

In the case of a run on a bank in which it became necessary to use the fund to protect one institution, if that institution subsequently collapsed would the other institutions have to meet the deficit in the fund or will the Government step in with other mechanisms to limit runs on banks?

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