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

4:10 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)
Link to this: Individually | In context | Oireachtas source

There are two issues here. First, even though the substantive political agreement was reached in November 2012, the actual agreement in terms of our portion of the payment was only determined this summer. It was not concluded before then. Second, other countries have been paying into this since its establishment. We are now coming out of our bailout programme and this is the first available way of doing it. Deputy Doherty makes a very fair point, however. We do not want this to be subsumed into the bigger debate on the Bill itself. I might suggest that what is required is a sectioning off of Report Stage to deal exclusively with this issue. We must also ensure that we have adequate time set aside on Report Stage to discuss the substantive issues within the Bill itself. If that can be arranged, we can get over the problem.