Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

My understanding is that it is. We looked at it in the previous working group and we are happy the definition covers it.

Amendment No. 2 proposes the deletion of subsection (b), which relates to the providers of hire purchase agreements. The reason for the deletion is that the providers of hire purchase agreements are regulated financial services providers and are already captured in subsection (a). The inclusion of subsection (d) widens the scope of the Bill by extending the definition of credit information providers to any person - other than a regulated financial service provider, local authority or NAMA - who provides credit. The amendment also proposes the exemption of pawnbrokers, the Central Bank of Ireland, the central bank of any other country or territory from the definition of credit information provider.

Amendment No. 3 provides a definition for a credit institution, which is taken from the capital requirements directive as it is now being referred to in the Bill. It is, therefore, necessary to define amendment No. 4. Under section 186B of the Social Welfare Consolidation Act 2005, "international organisation" means an international intergovernmental organisation, including, in particular and without limiting the generality of the foregoing, the United Nations organization and its specialist agencies, the institutions and agencies of the European Communities, the Council of Europe and the Organisation for Economic Cooperation and Development.

In respect of amendment No. 5, as stated when discussing amendment No. 1 with regard to a related undertaking, the definition is required in order to provide an undertaking of what a related undertaking is and to ensure that, where a bank takes ownership of a company, it is not exempted from reporting to the register.