Paddy Burke (Fine Gael)

I have a question about the section. Section 1 refers to the Schedule which lists the companies which are exempt from the pay cut. The Minister of State should clarify the position on Anglo Irish Bank. Although Anglo Irish Bank is now a semi-State body, it is not among the 23 organisations listed in the Schedule as being exempt from the pay cut. I presume its absence from the list means it is included and that as a semi-State body, it will be covered by the reduction in pay.

I note the difference between the Secretary General of the Department of Finance and the Secretary General to the Government who face a 20% cut and every other Secretary General of a Department, each of whom faces a cut of 15%. They will still earn more than €200,000. Since high ranking officials earning more than €200,000 in Anglo Irish Bank are not included in the table of semi-State bodies, I presume they will be included in order that their pay will be reduced by 20% while the pay of low paid officials will be cut by the same amount as public servants' pay in tables 1 and 2.