Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Committee Stage
5:15 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Yes, normal contract law applies. Our objective is to extend the protection of the code of conduct on mortgage arrears, which the Central Bank has applied to the generality of mortgages, to the new situation that arises when mortgage books are sold to unregulated entities.
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