We use Google Analytics to see which pages are read and how the site is used, so we know what to improve. This only runs if you accept. See our privacy notice for details.

Dáil

Ceisteanna—Questions. Oral Answers. - Trade Loans Acts Guarantees.

asked the Minister for Industry and Commerce if he is aware that the banks are no longer prepared to accept his guarantee for the purposes of the Trade Loans Acts, and, if so, what steps he proposes to take to prevent the banks from rendering the Acts nugatory.

Comment on this
William Norton Minister for Industry and Commerce (Mr. Norton) Labour Party

The answer to the first part of the question is in the negative and accordingly the second part of the question does not arise.

Comment on this
Mr. Lemass

Is the Minister aware of any recent case where his guarantee was not taken up by a bank?

Comment on this

That is not the question I was asked.

Comment on this
Mr. Lemass

I know, but answer that one.

Comment on this

The question I was asked was if I was aware that the banks are no longer prepared to accept my guarantee for the purposes of the Trade Loans Acts. That is not so.

Comment on this

Is the Minister not aware of a specific case——

Comment on this

I am aware that Deputy Flanagan was handling a case as a solicitor and that that is the one he is troubled about.

Comment on this

That is where he was refused by the bank.

Comment on this