Oireachtas Joint and Select Committees
Tuesday, 27 February 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Access to Cash Bill 2024: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I appreciate that and obviously you could have a situation where ATM machines were taken away or closed down in certain areas but within the overall region, the organisation is able to meet those criteria, so this could be invoked. The heads provide for it being prior to the deficiency taking place. That would be in a scenario where somebody closes an ATM, the bank moves out and there is a deficiency that has been created in the area. Mr. Palmer mentioned that it is likely that there are already existing deficiencies. Therefore does the wording of this head deal with this as it says "the prevailing level of cash ... prior to the deficiency"? Does it allow us to state that there is an existing deficiency? It is scripted in the way that it is-----
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