Dáil debates

Wednesday, 28 September 2011

Insurance (Amendment) Bill 2011 [Seanad]: Committee and Remaining Stages

 

6:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)

I do not think anybody is being treated unfairly because there is a compensation fund in the UK as well. A company in Northern Ireland would have access to the UK fund, so I do not think we need to be too concerned about that. I do not think there are considerations of State aid in this. As I said already, the EU is considering a compensation fund which would apply throughout the Community.

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