Seanad debates

Wednesday, 1 October 2008

Credit Institutions (Financial Support) Bill 2008: Committee Stage.

 

7:00 pm

Photo of Dominic HanniganDominic Hannigan (Labour)

Members are being fobbed off in this regard. There is no obligation to place a report before the House before 2009. The support period will run out in 2010 and anyone who has been involved in the preparation of reports is aware it could be months into 2009 before such a report would be received. As this could take place after July, it is possible that Members would not receive a report until after the House had broken for the summer recess. If this clause is to have any meaning, Members must receive reports much earlier than that. The Minister can understand the spirit of the clause and I ask him to consider how he might accommodate our wishes.

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