Dáil Tuesday 20 November 2012 at 16:50

Central Bank legislation

Summary

Mattie McGrath asks about the Central Bank legislation and public-interest directors; the Taoiseach says the relevant supervision Bill must be completed before the consolidation Bill can progress.

Mattie McGrath Independent

This weekend is the second anniversary of the troika coming to our shores and there is much carry on about banks and pay. The public is aghast at what is ongoing. With regard to the Central Bank (consolidation) Bill, what is the role of public interest directors?

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Seán Barrett An Ceann Comhairle Fine Gael

The Deputy means to ask when it is due.

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Mattie McGrath Independent

Sorry?

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Seán Barrett An Ceann Comhairle Fine Gael

You mean to ask when it is due.

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Mattie McGrath Independent

Yes, and there is the role of public interest directors.

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Seán Barrett An Ceann Comhairle Fine Gael

You can deal with the debate then.

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Mattie McGrath Independent

People are wondering what these gentlemen and ladies on boards are doing in serving the public.

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Enda Kenny The Taoiseach Fine Gael

We are dealing with the Central Bank (Supervision and Enforcement) Bill 2011. Until that is concluded the other Bill will not progress. I do not know if the Deputy intends to invite Mr. A. J. Chopra back for the second anniversary.

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Mattie McGrath Independent

I do not. Will the Taoiseach invite Angela?

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