Oireachtas Joint and Select Committees

Wednesday, 29 January 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Report on Licensed Moneylending Industry: Central Bank of Ireland

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3:45 pm

Mr. Bernard Sheridan:

Yes. Under the Act, it is a matter for the Central Bank on an application-by-application basis to determine whether the rates proposed in each application are excessive.

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