Alan Shatter (Dublin South, Fine Gael)
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Question 134: To ask the Minister for Finance if consideration is being given to the State undertaking a valuation of a bank's (details supplied) art collection; if he will require the bank, in consideration of the support provided by the State and taxpayers, to gift the collection to the State; and if he will make a statement on the matter. [16525/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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There is no provision under the terms of the Credit Institutions (Financial Support) Scheme 2008 for the action proposed by the Deputy in relation to art collections of covered institutions. Under the terms of the Scheme, covered institutions pay a quarterly charge to the Exchequer in respect of the guarantee provided under the scheme. Accordingly, no consideration has been given to undertaking a valuation of any of the covered institutions' art collections including the institution referred to by the Deputy in his question. The Deputy will be aware of the importance of building up appropriate capital levels in the banks. Accordingly, requiring them to give away assets would not seem appropriate.