Leo Varadkar (Dublin West, Fine Gael)
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Question 208: To ask the Minister for Finance further to his press release of 2 February 2010 regarding the delegation of banking functions to the National Treasury Management Agency, the legislative basis on which this order is or will be based; if this order has been signed; the date on which this occurred; if not, when he will sign such an order; the date when he expects to lay this document before the Houses of the Oireachtas; and if he will make a statement on the matter. [7010/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As indicated in my press release, the form of a draft order is currently being discussed with the Attorney General's Office. This order will provide for the delegation under the National Treasury Management Agency Act 1990 of certain banking functions to the National Treasury Management Agency. I expect these discussions to be completed shortly. Arising from these discussions an order will be made by Government which will be laid before each House of the Oireachtas as soon as practicable thereafter.