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Dáil Éireann díospóireacht -
Tuesday, 12 Mar 1940

Vol. 79 No. 5

Ceisteanna—Questions. Oral Answers. - Industrial Credit Company's Securities.

asked the Minister for Finance if he will state (a) in list form the securities at present held by the Industrial Credit Corporation; (2) the price at which each security was valued on the last convenient date; (3) the length of time for which any security is held, and (4) the policy guiding the liquidation of the assets.

With regard to parts (1) and (2) of the question I regret that I am not at present in a position to supply the information asked for by the Deputy. With regard to parts (3) and (4), as the company is an independent body operating under the Companies Acts, the length of time for which any security is held and the policy pursued in the liquidation of securities are matters which are decided by the board of the company and are not within my knowledge. The word "assets" in part (4) of the Deputy's question has been understood as relating to securities.

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