Oireachtas Joint and Select Committees
Wednesday, 24 April 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage
8:00 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
No problem. I welcome the Minister's amendments and wish to ask some short questions to seek clarification. There will be "excepted persons" under the new section 48. For example, a number of established groups - New Beginning, the Irish Mortgage Association, IMA, etc. - fall within the definitions of giving advice on the discharge of debt and negotiating with creditors. Do they also fall within the definition of excepted persons or will they fall under this provision and be regulated by the Central Bank?
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