Legislative Programme

Dáil Éireann Debate, Wednesday - 10 November 2010

Wednesday, 10 November 2010

Questions (68)

Bernard J. Durkan

Question:

103 Deputy Bernard J. Durkan asked the Minister for Finance the number of legislative measures already taken to safeguard the economy, the taxpayer and the country’s international creditability in the wake of the banking and economic downturn; the number of further legislative proposals currently contemplated in this regard; when such proposals are likely to be passed into law having particular regard to the need to restore full confidence in the banking and leading institutions and as a consequence provide the basis for economic recovery; and if he will make a statement on the matter. [41653/10]

Written answers

Minister for Finance (Deputy Brian Lenihan)

As far as my Department is concerned, a number of measures have been taken over recent years to ensure that appropriate measures are taken to address the economic and budgetary challenges which we are facing, including the challenges arising in respect of the financial services sector. These include:

Credit Institutions (Financial Support) Act 2008;

Financial Emergency Measures in the Public Interest Act 2009;

Anglo Irish Bank Corporation Act 2009;

Financial Services (Deposit Guarantee Scheme) Act 2009;

Investment of the National Pension Reserve Fund and Miscellaneous Provisions Act 2009;

National Asset Management Agency Act 2009;

Financial Emergency Measures in the Public Interest (No. 2) Act;

Central Bank Reform Act 2010;

European Financial Stability Facility Act 2010.

If further measures are needed these will be put before the Houses in due course.