Dáil debates

Wednesday, 4 February 2015

Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Second Stage (Resumed)

 

4:15 pm

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

On the other hand, the Family Home Protection Acts, sponsored by the Department of Justice and Equality, make provision for the distribution of property if a person dies while making a will or without a will and for certain rights for husbands and wives. I will reflect on the issue, but perhaps the Deputy will raise the issue separately with the Minister for Justice and Equality as the base legislation in that Department might provide a more suitable vehicle than mortgage related legislation for what he has in mind. His comment is fair and a very good idea.

I thank Deputies for their constructive engagement on this very important Bill and I look forward to working together on Committee Stage. Our aim is simple, to protect consumers by ensuring those whose loans are sold by regulated financial service providers to unregulated firms retain the protections that they had under Central Bank codes and retain access to the Financial Services Ombudsman.

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