Oireachtas Joint and Select Committees

Thursday, 29 June 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Financial Services and Pensions Ombudsman Bill 2017: Committee Stage

10:00 am

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

The section proposed to amend the powers of regulations. It will give the Minister the power to introduce regulations. This previously lay with the ombudsman council. I am curious about why the Minister is taking on these powers. Deputy McGrath tabled an amendment to previous legislation regarding one of the powers in respect of the maximum award to a complainant. Where do the powers rest when the section is enacted?

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