Oireachtas Joint and Select Committees

Thursday, 31 May 2018

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

Markets in Financial Instruments Bill 2018: Committee Stage

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Section 8 provides for a technical amendment to section 2 of the Credit Reporting Act 2013 in order to address a lacuna in the present definition of credit, which has the unintended effect of excluding hire purchase, personal contract plans, PCPs, and similar types of credit agreement from the scope of the Central Bank's central credit register.

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