Oireachtas Joint and Select Committees
Tuesday, 27 February 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Access to Cash Bill 2024: Discussion
Pearse Doherty (Donegal, Sinn Fein)
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It has jumped since Covid. People still like to use cash. That does not really make sense because the heads of Bill, as far as I can see from my examination of them, allow the Minister for Finance to set the percentage. If a 5 km rate were set at the current level of 87.4% and the reduced demand scenario to which Mr. Gilvarry referred occurred, the Minister of the day could reduce that level to 80%. I do not wish to belabour the point.