Dáil debates
Thursday, 22 April 2010
Order of Business
11:00 am
Enda Kenny (Mayo, Fine Gael)
I am very much in order. I want to remind the Minister for Transport of section 48 of that Act, arising from what the Tánaiste said. There was a remuneration recommendation but section 48 of the Act states that the Minister may direct the covered institution to amend the remuneration plan so that compliance is achieved. I want to know from the Tánaiste if the Government and the Minister for Finance intend to direct the covered institution - that is the Irish Nationwide Building Society - to amend the remuneration plan, which was grossly in excess of what CIROC recommended in the case of Mr. Fingleton.
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