Richard Bruton (Dublin North Central, Fine Gael)

The Minister may not be correct in claiming it is up to the Minister in the future. Section 8(3) states, "the Minister shall determine the period over which the payment required ... is to be made". It does not, however, state he or she can decide the rules at that point. The Minister does not have discretion in deciding how the share will be determined. I presume it will be the Central Bank advising the Minister. Will the Minister reflect on an amendment for Report Stage to provide for a penal charge on the institution that causes the problem?

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