Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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Question 83: To ask the Minister for Finance the status of his investigation into the practise of purchasing company cars for management personnel in credit institutions which are in receipt of State funding, as part of his review of pay and conditions in such institutions. [18120/11]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy may be aware, I have asked the NTMA to request on my behalf a review of remuneration policies and practices by the covered institutions. This review is intended to encompass all aspects of compensation and is not limited to salary. The specific practice referred to in the Deputy's question, therefore, comprises part of the review. The Deputy may wish to note that the relevant institutions were asked to provide proposals in relation to measures that could be taken to realign staff expectations in relation to such benefits. The review exercise is ongoing and my Department expects to receive the requested information from all the institutions shortly in order to allow a comprehensive evaluation to take place.