Brian Lenihan Jnr (Dublin West, Fianna Fail)

Section 4 was questioned by Senator Donohoe in respect of the powers necessary for or incidental to the special manager's function. That is a normal power and a normal statutory provision. There is nothing unusual in it. Section 24(3) states: "A director or other officer of a relevant institution or a subsidiary of a relevant institution that is under special management remains bound to discharge his or her duties and obligations under any enactment or rule of law except to any extent that he or she is relieved of that duty or obligation by the special manager or by a provision of this Act." More generally, section 24 deals with the relationship between special managers and directors and Senator Callely drew attention to these provisions. The special manager determines what the directors can do during the special management period.