Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

Amendment No. 160 clarifies that the bank must have regard to the terms and conditions that the Minister considers appropriate to attach to the decision to provide stabilisation support when making a decision on the approval of stabilisation support to a credit union. A previous amendment gave the Minister the right and the power to attach terms and conditions and this is simply ensuring that the Bank will make sure these terms and conditions will apply. These terms and conditions will deal with issues such as recoupment, which may affect the Central Bank's assessment of viability.

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