Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

As I said, before the Government makes a decision on how to proceed it will be important to receive and discuss proposed terms of reference from party leaders and other interested parties. In so far as the Department of Finance is concerned, I would expect that the Department and Minister for Finance will be within the scope of the terms of reference. As a consequence, it would be inappropriate for it to be the parent Department for the commission of inquiry. The intention in October was that the parent Department would be the Department of the Taoiseach.

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