The draft terms of reference and timeframe of the Oireachtas banking inquiry have been published.

The proposals have been submitted to the Committees on Procedure and Privileges of the Dail and Seanad for consideration.

The proposal has also been published on the Oireachtas website.

Inquiry chairman Ciaran Lynch said "This document outlines the relevant proposal, which includes a framework for the inquiry plan, the different phases of the inquiry and its draft terms of reference."

"We are happy that the proposal has been completed, agreed and submitted on schedule within the timeframe we had set out."

"This reflects the co-operative and positive approach that the Committee has adopted in how we set about our work," he added.

Earlier this week, the 11 member committee signed off on the plan which will be voted on by TDs and Senators next month.

The inquiry will examine the period between 1992 and the end of last year. The final report is due to be published by the end of November 2015.