Darragh O'Brien (Fianna Fail)

In the context of the amendment, it is important that clarification is given, in a reasonable time, on the exact roles, responsibilities and areas of responsibility. Section 3(2)(b) provides the Minister will have responsibility of "a company established under the Companies Acts all of the shares in which are held (i) by or on behalf of a Minister of the Government, or (ii) by directors appointed by a Minister of the Government". Will the Minister of State clarify whether Anglo Irish Bank and other nationalised banks will fall under the remit of the Minister, Deputy Howlin, on the basis of this provision set down in the Bill? Will the Minister be responsible for Anglo Irish Bank, the State's 93% shareholding in AIB, Permanent TSB or the 99% ownership we understand the State will have of Irish Life and Permanent? Specifically, will the Minister of State clarify whether Anglo Irish Bank, which is fully nationalised, will be covered under section 3(2)(b), which is relevant to this amendment?