Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

First, the proposed amendment is well beyond the Long Title of the Bill. To use this legislation as a vehicle to compel the Central Bank to publish statistics about the restructuring of loans would certainly be in the Long Title of the Bill, so it is not an appropriate amendment.

Second, as the Central Bank is an independent body and is already equipped to deal with such matters, it would not be appropriate or, indeed, legal for us to seek to direct it in the manner in which it communicates information as it exercises its independent functions.

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