Oireachtas Joint and Select Committees

Thursday, 27 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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I appreciate that. There are issues in our legislation but we teased them out with the Minister on Second Stage and will tease them out with the different witnesses who will appear before us. There is no need to rehash those differences at this point in time.

The last thing I wish to raise concerns the current legislation. The chairperson of the council must be chosen from the members and have experience of consumer issues in the field. The new draft seems to drop the stipulation that the chairperson would have experience of consumer issues in the field. This is probably an issue in terms of the council itself. There is no minimum requirement for the overall numbers on the council to have consumer experience. There was a requirement for the chairperson to have consumer experience, but that now seems to have been dropped. Was that intentional or is it something we can work on?