National Treasury Management Agency.

Dáil Éireann Debate, Tuesday - 9 February 2010

Tuesday, 9 February 2010

Ceisteanna (73)

Leo Varadkar

Ceist:

208 Deputy Leo Varadkar asked the Minister for Finance further to his press release of 2 February 2010 regarding the delegation of banking functions to the National Treasury Management Agency, the legislative basis on which this order is or will be based; if this order has been signed; the date on which this occurred; if not, when he will sign such an order; the date when he expects to lay this document before the Houses of the Oireachtas; and if he will make a statement on the matter. [7010/10]

Freagraí scríofa

Minister for Finance (Deputy Brian Lenihan)

As indicated in my press release, the form of a draft order is currently being discussed with the Attorney General's Office. This order will provide for the delegation under the National Treasury Management Agency Act 1990 of certain banking functions to the National Treasury Management Agency. I expect these discussions to be completed shortly. Arising from these discussions an order will be made by Government which will be laid before each House of the Oireachtas as soon as practicable thereafter.