Dessie Ellis (Dublin North West, Sinn Fein) | Oireachtas source

I believe that is the first time I heard the stakeholders had responded and I am glad to hear that. I hope they came back with something positive but my suspicions are that they have not. I believe the State will need to put money up front. If we need to consider levies to get the money from the different industries and agencies, it will take a long time to accumulate through that method. Therefore we definitely need to put the money up front. I am concerned that we might need legislation in dealing with some of this.

We have seen something similar with the IMF and EU when it comes to interpretation. Will this be backdated? We do not want to get into an argument that this only applies from now and not retrospectively and I hope that does not happen. I also hope measures will be introduced to deal with this in the future with proper monitoring and proper accountability by all the industries concerned. We need to have a way of keeping an eye on this. We have not had accountability, which is something we need to address.

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