Robert Troy (Longford-Westmeath, Fianna Fail)

I move amendment No. 41:

In page 23, line 38, to delete “before”.

These amendments ensure that a borrower who receives a credit decision in the 30 days before the establishment day will be able to make an application for review to the new service if it is not too late to apply to the existing review office. Amendment No. 41 is a technical drafting amendment to facilitate the other amendments. Amendment No. 42 removes the reference to a credit decision made by a credit institution and inserts an extended timeframe whereby decisions are excluded not if they were made before the establishment day, but only if they were made more than 30 days before the establishment day. Amendment No. 44 is a technical drafting amendment to facilitate the other amendments. Amendment No. 46 inserts a new transitional provision into section 32 to provide that a decision made not more than 30 days before the establishment day, that if it were made on that day or after the establishment day would be a credit decision, shall be deemed to be a credit decision for the purposes of the Act. This will ensure that regardless of when a borrower receives a credit decision there will be 30 days available to apply for a review of that decision whether through the existing review office or the new service.