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)

Section 24 permits the special manager to determine the role, if any, of the directors and officers in the relevant institution and its subsidiaries during the special management. He might decide that there is a very good audit committee but a very poor risk committee-----

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