Dáil debates
Wednesday, 15 July 2020
Financial Provisions (Covid-19) Bill 2020: Committee and Remaining Stages
4:05 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
How will our capital commitment be realised? Will there be a call in the event of a default on a proportion of the loans that will be shared equally by member states for that portion? How will that call be accessed? Will it happen after a period of time or after a quantum of loans are defaulted upon? What is the mechanism of the notification to Parliament regarding that?
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