Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

The Pyrite Resolution Board is very conscious of the need to minimise costs to homeowners who wish to avail of this scheme. I point out to the Deputy, however, that the State is not liable in any way. Were it not for the political interest shown by Deputies in the House and by myself, as Minister, we would not have a scheme at all. This is something people often do not realise. The financial institutions are prepared to make a contribution. We have been discussing figures but this must now be referred to the credit committees of the respective financial institutions in the next short while, and I expect a positive outcome to those matters before the end of this month.

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