Joan Burton (Dublin West, Labour)

The Department of Finance announced today that the bank guarantee will be extended until 31 December 2010, through the use of the eligible liabilities guarantee scheme. I understood that the legislation introduced after the bank guarantee provided that the guarantee would end on 29 September 2010. Can the Taoiseach tell the House whether the extension of the bank guarantee scheme and the eligible liabilities guarantee scheme to the end of December of this year will require legislation or a ministerial order to be brought before this House? If a minimum of €200 billion of debt is to be guaranteed for a further five years-----

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