Seanad debates

Wednesday, 14 May 2014

Establishment of Joint Committee of Inquiry into the Banking Crisis: Motion

 

3:45 pm

Photo of Maurice CumminsMaurice Cummins (Fine Gael) | Oireachtas source

I move:


(1) That, having regard to section 12 of the Houses of the Oireachtas (Inquiries, Privileges and Procedures) Act 2013 and Standing Order 103C, a Select Committee be appointed, to be joined with a similar Select Committee of Dáil Éireann to form the Joint Committee of Inquiry into the Banking Crisis, to develop a relevant proposal for conducting a ‘Part 2 Inquiry’ into certain aspects of the banking crisis for submission to, and evaluation by, the Committee on Procedure and Privileges under Standing Orders 103B and 103D.
(2) In developing the relevant proposal, the Joint Committee shall consider—(a) the appropriate scope and terms of reference for any such Inquiry to be conducted, including the method by which the initial investigation into the matter the subject of the Inquiry should be made,
(b) the functions and powers required to be delegated to the Joint Committee to allow it to conduct such an Inquiry, and
(c) such other related matters as the Joint Committee considers necessary.(3) (a) The Select Committee shall consist of two (2) members who shall be nominated in accordance with Standing Order 89 and the provisions of Standing Orders 80(1) and (2) shall not apply.(b) The Chairman of the Joint Committee shall be a member of Dáil Éireann.(4) The quorum of the Joint Committee shall be five (5), of whom at least one shall be a member of Seanad Éireann, and that quorum shall be present for the duration of all meetings of the Committee.
(5) The Joint Committee shall have the following powers—(a) the powers defined in Standing Order 71(1), (2), (2A), (4), (5), (7), (8) and (9); and
(b) the power to nominate persons to assist it in its deliberations; and such persons shall attend such meetings as the Joint Committee may determine.”

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