Dáil debates

Tuesday, 17 July 2012

Residential Institutions Statutory Fund Bill 2012: Report Stage (Resumed) and Final Stage

 

8:00 pm

Photo of Clare DalyClare Daly (Dublin North, Socialist Party)

I agree fully with those comments. I have a question on the amount of interest, a question which also came up on Committee Stage. On the €110 million ceiling, the interest that has already accrued on the moneys on deposit should be treated separately. Nothing in this amendment should alter that scenario. The fund as it stands now is €110 million plus the interest that is there now. While the amendment refers to interest, I ask the Minister to clarify that it is interest over and above what is available.

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