Oireachtas Joint and Select Committees
Wednesday, 23 October 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Credit Reporting Bill 2012: Committee Stage
3:20 pm
Ciarán Lynch (Cork South Central, Labour)
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The review should not only be conducted on individual sums of €2,000. If a finance company, Doherty Lynch, lends money every week and Mr. Brian Hayes is borrowing from us and if the total capacity of Mr. Hayes's borrowings from us over a year in repayments exceeds €2,000, that should be registered. That means the review examines not only the sum but the totality of the loans.