Dáil debates
Thursday, 22 November 2018
Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018: Report and Final Stages [Private Members]
6:05 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
I move amendment No. 6:
In page 5, to delete lines 32 to 34 and substitute the following:“(c) the originator, sponsor or original lender of the securitisation is required to retain on an ongoing basis a material net economic interest in the securitisation of not less than 5 per cent;”,”.
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