Oireachtas Joint and Select Committees

Tuesday, 19 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages and Differential Pricing in Insurance: Discussion

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

When we dealt with the legislation, I was a little surprised on this because there was a provision which Mr. Deering dealt with on the powers of the Financial Services Ombudsman to extend the duration. He states - I wish to tease it out - that not only must reasonable grounds exist but there must be a particular reason to extend the time. There is no requirement for the "particular reason" in the legislation so why does he infer that there has to be a particular reason as opposed to just reasonable grounds?

Comments

No comments

Log in or join to post a public comment.