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

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

My final point on this is on the regulation of IADs. Head 10 of the Bill allows for the Minister to have the necessary powers to prohibit IADs from charging access fees if there is a change in the card scheme rules in the future.

These are independent operators. They do not charge access fees at the moment. The legislation says that if they start to do it, the Minister can intervene and stop them. Why do we not just stop them now?

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