Dáil debates

Wednesday, 5 July 2006

Building Societies (Amendment) Bill 2006: Second Stage.

 

9:00 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael)

We will have an opportunity to discuss it on Committee Stage. We will be pressing our amendments to a vote, but we will support the Bill in principle. I thank the Minister of State's departmental officials and all the people in financial institutions to whom I spoke about this Bill. I was anxious to understand it fully, which I believe I do. We will be in favour of the Bill, but we will vote on Committee Stage for our amendments.

I urge the Minister of State to reconsider his position on them. We are trying to vindicate the rights of the people who have been dispossessed of their finances, and their homes in some cases, by the building society.

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