Martin Mansergh (Tipperary South, Fianna Fail)

I move:

That Dáil Éireann approves the terms of the draft scheme entitled Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009 a copy of which draft scheme was laid before Dáil Éireann on 30 November, 2009.

As Deputies will be aware, the Minister for Finance signalled in the supplementary budget in April last the Government's intention to revisit and make technical adjustments to the bank guarantee in ways which would continue to underpin financial stability and support banks in Ireland in accessing longer-term finance.

In June this year the House approved the financial measures-----

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