Dáil debates
Thursday, 23 June 2016
Other Questions
Mortgage Arrears Proposals
6:05 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
The Department of Justice and Equality is working on the proposals for the new court and on raising the threshold amounts for the personal insolvency arrangements insolvency legislation. The Department of Social Protection is working on a programme to increase the range and effectiveness of MABS and is being provided with additional funding to do so. I have had discussions with the Governor of the Central Bank to see if legislation is required to give additional statutory protection to persons whose loans have been transferred from an entity with a banking licence to an entity without a banking licence.
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