Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

3:00 pm

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

I welcome that it is possible to put a clause into the contract on honouring restructuring. Mr. Wallace indicated that he is legally precluded from interfering with the issue of statutory compliance with the code of conduct on mortgage arrears but I presume that the compliance with restructuring would be done on the basis of a legal agreement in the contract.

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