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Dáil Éireann díospóireacht -
Tuesday, 23 Jun 2009

Vol. 685 No. 3

Financial Measures (Miscellaneous Provisions) Bill 2009: Order for Second Stage.

Bill entitled an Act to provide for the continuation of certain direct debit mandates after the coming into operation of the Single European Payments Area Direct Debit Scheme; to provide for the transfer of the assets of certain pension funds to the National Pensions Reserve Fund, and the continued payment of benefits formerly payable from those funds; to make provision in relation to the giving of certain guarantees by the Minister for Finance; to amend the Central Bank Act 1989 so as to clarify its application to certain acquiring transactions; to amend the Credit Institutions (Financial Support) Act 2008 so as to allow the extension of the period in which financial support under that Act can be provided; to amend the Insurance (No. 2) Act 1983 and the Insurance Act 1989 in relation to life insurance and reinsurance; to amend the Netting of Financial Contracts Act 1995 so as to clarify whether certain persons are parties to a netting agreement; to amend the Taxes Consolidation Act 1997 in relation to the taxation position of the National Pensions Reserve Commission in relation to certain assets transferred from pension funds to the National Pensions Reserve Fund; and to provide for related purposes.

I move: "That Second Stage be taken now."

Question put and agreed to.
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