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
2:10 pm
Timmy Dooley (Clare, Fianna Fail) | Oireachtas source
I thank Mr. Hogan for his comprehensive overview of the legislation. We are all aware of the concerns expressed by borrowers at the time that some of the institutions decided to divest themselves of their loan books. Clearly their concern was that the code of conduct would not be enforceable. Is Mr. Hogan satisfied that the proposed legislation will ensure that any loan transferred hereafter is covered?
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