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

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)
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I move amendment No. 65:


In page 22, subsection (3)(a), line 23, after “required” to insert “or permitted”.
Amendment No. 65 allows the gateways to sections 33 AK (3) to (5) to operate via section 32. The deletion of section 33 is necessary so as to allow the gateways in sections 33 AK (3) to (5) operate via section 32.

Amendment No. 66 inserts the word “agents” in section 33 AK of the Central Bank Act 1942. The Attorney General's office has advised that in the circumstance where the Central Bank engages third parties to carry out specific tasks, section 33 AK should include a reference to an agent of the bank in line with the proposed section 32 of the Credit Reporting Bill 2012. The proposed amendment to section 32 is effectively an extension of the reasons the Central Bank may disclose information from the register lawfully.

Amendment No. 67 is a technical amendment in order the change the Title of the Bill if amendment No. 66 is approved.