Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

We are just dealing with the questions, Deputy Mathews. We are going to wrap up now and while I am taking the wrap-up, I wish to clarify some matters. I understand that as an official it is not Ms Nolan's duty to give opinions on policy direction and so forth but perhaps she would explain, in legislative terms, what mechanism exempts buyers of mortgages from Central Bank regulation. What is the mechanism that puts such people outside regulation by the Central Bank?