Oireachtas Joint and Select Committees

Wednesday, 26 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Draft Heads of Central Bank Bill 2014: Department of Finance

4:25 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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To assist the Deputy, the context of this meeting is pre-legislative scrutiny. It is not to challenge the Bill as such but to scrutinise it. The Deputy is making a very interesting observation in terms of scrutiny of the Bill that if the loan book of ICS moves in a particular direction, the customers of that loan book, whether their loans are in distress or are performing, would be given an indication as to where they are going. I think that was the Deputy's request.