Colley, George

Thursday, 27 October 1977

Dáil Eireann Debate
Vol. 300 No. 10

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Trustee (Authorised Investments) (No. 2) Order, 1977: Motion.

I move: That Dáil Éireann approves the following Order in draft: Trustee (Authorised Investments) (No. 2) Order, 1977, a copy of which Order in draft was laid before the House on 4th October, 1977. ...More Button

I thank the House for the welcome they have given to the motion. Basically, in dealing with matters of this kind one is inclined to reconcile two different requirements. One is to provide as wide a r...More Button

I am sure the Deputy will agree that the timing of this was quite independent of interest rates. I should not like to bank very heavily on the prospect of interest rates remaining at their present le...More Button

I am sorry the Deputy said “becoming”—otherwise I accept it. Deputy O'Leary asked what were the criteria in regard to the five main building societies. Briefly, they are that the societies should ha...More Button

Not in the first instance. There are different criteria in respect of the inclusion of banks. The amount of assets required, and so on, is double that of the building societies. It is £10 million. ...More Button


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