Dáil debates

Wednesday, 6 February 2013

Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages

 

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

Given that Dáil Eireann has been given 15 minutes on Committee Stage for this €40 billion legislation, I wish to ask whether securities as defined in section 1 are what the Taoiseach was speaking about in his speech on the restructuring of the promissory note, and whether it is the intention of the Bill to transfer the debt owed to two dead banks to the Central Bank of Ireland and therefore by proxy to the European Central Bank.

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