Joan Burton (Dublin West, Labour)

I wish to ask the Minister one question on this section and the Schedule to the Bill. The Minister should outline how the deposit guarantee scheme relates to the Minister's proposal to allow the extension of the bank guarantee under the Credit Institutions (Financial Support) Act 2008 and the proposal to extend it indefinitely by ministerial order under legislation that will be debated next week. Will this affect the required level of contributions to the deposit protection account? Will new deposits be covered by the bank guarantee scheme for a five-year period?

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