39 Deputy Peter Mathews asked the Minister for Finance if he will confirm that section 61 of the Credit Institutions (Stabilisation) Act 2010 provides him with the ability to move any asset or liability of the banks to a new company and that this ability will remain with himself until 1 January 2013 when the Central Bank and Credit Institutes (Resolution) Bill 2011 is passed and then this ability will be transferred to the Governor of the Central Bank from 1 January 2013; and if he will make a statement on the matter. [29180/11]

Summary

39 Deputy Peter Mathews asked the Minister for Finance if he will confirm that section 61 of the Credit Institutions (Stabilisation) Act 2010 provides him with the ability to move any asset or liability of the banks to a new company and that this ability will remain with himself until 1 January 2013 when the Central Bank and Credit Institutes (Resolution) Bill 2011 is passed and then this ability will be transferred to the Governor of the Central Bank from 1 January 2013; and if he will make a statement on the matter. [29180/11]

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• Bank Assets

  xml · EN · 13 October 2011

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