Mr. Michael Horan:

Section 8 of the Central Bank (National Claims Information Database) Act 2018 confers powers on the bank to establish and administer the database. Section 8(4) outlines the type of data that may be collected by the bank from insurance companies to fulfil its function. The Central Bank has that power under the Central Bank (National Claims Information Database) Act. Head 3 of the Insurance (Miscellaneous Provisions) Bill amends section 8 of the 2018 Act to explicitly allow the bank to collect and publish other types of information. That could also be done for the personal injuries guidelines. The Central Bank (National Claims Information Database) Act 2018 also gives them that information. It is possible for the data to be collected under the national claims information database. That would be the logical place to collect it because a considerable amount of premiums and claims information is collected there and it has been in place for two or three years at this stage. That is our rationale.