Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

No decision has been made on where we will be or what the position will be in ten years' time. It is the same fund or structure that was used for PMPA and that process concluded in 1991. The opportunity is still there to use the legislation to build up a fund in future. I do not know the answer to the question. It is undecided. The logical approach would be to continue it to have an amount of money for an insolvency in future, but that would depend on the circumstances with the industry. Certainly, it would have run for a long period by then. It would be a matter, perhaps, for some other Minister for Finance a decade from now.

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