Oireachtas Joint and Select Committees

Wednesday, 23 February 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Bill 2021: Committee Stage

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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Effectively, most of the Bill will have to have commencement orders. We want to do it as soon as possible. As soon as the legislation is passed by the Oireachtas, we will immediately discuss with the Central Bank the timing of the commencement orders. As we speak today, frankly, we do not have a date for the commencement orders of this section other than to say it will be done as quickly as possible, in consultation with the Central Bank, once it passes through the Oireachtas. We do not have the commencement dates today. All I am in a position to say is that it will be as soon as possible.