Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

2:40 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I am asking a fundamental question. If a person has entered into a contract with a bank or institution in this country that is regulated by the Central Bank of Ireland, is it the case that this initial contract takes precedence over everything else that happens underneath it or in front of it?

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