Pearse Doherty (Donegal South West, Sinn Fein)

On the risks excluded under section 2, I understand this comes from a European directive and that it is with regard only to risk within the State. My question on to whom the existing fund would be paid and whether it would be to policyholders in the State or outside it was not to argue we should not pay the insurance premiums of those outside the State; it was very much because the Minister stated in his argument that the fund was to pay Irish policyholders. The point we teased out, and which I believe I got clarified, is that the majority of these are in the North and Britain but we have no breakdown of the categories.

When did the European directive on risk take force? The Bill is being presented as being required because of a European directive.

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