Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Minister of State should correct me if I am wrong on this. On Deputy Kieran O'Donnell's point, amendment No. 29 includes a change to the relevant period whereby information will stay in the system for five years, that applies to section 7(2)(b) which refers to debts on a loan, which means that it has not been paid back. The other paragraph, whereby it will terminate five years after the date the information was entered in the register, relates to performing loans. Am I correct in saying the scenario about which Deputy Kieran O'Donnell spoke, where a loan is discharged normally and where one will have the stain on the system for five years afterwards, does not apply? It only applies where there is a debt in relation to the arrangement involved.