Seanad debates

Thursday, 16 December 2010

Credit Institutions (Stabilisation) Bill 2010: Committee and Remaining Stages

 

3:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Yes, to the extent that they are relieved of their obligations by the operation of the special manager. The special manager could opt to leave the board in place to perform certain functions. There is nothing to stop the special manager doing so.

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