Dáil debates

Thursday, 14 July 2016

Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Committee and Remaining Stages

 

1:25 pm

Photo of David StantonDavid Stanton (Cork East, Fine Gael) | Oireachtas source

I move amendment No. 1:

In page 5, line 13, to delete “Act of 2004” and substitute “Act of 2004 or this Act”.

This is an amendment to subsection (1). That subsection provides that the special liquidators should comply with all directions given by the commission under the Commissions of Investigation Act 2004. It is intended to remove any doubt as to the requirement on the special liquidators to comply with the directions of the commission issued under the 2004 Act. As there is also power under section 2 of this Bill for the commission to give directions, the amendment clarifies that the special liquidators shall also comply with all directions under this Bill.

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