Dáil debates

Thursday, 18 February 2021

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation


12:30 pm

Photo of Peter FitzpatrickPeter Fitzpatrick (Louth, Independent) | Oireachtas source

I am looking for the Government to intervene on promised legislation. In the programme for Government, the Central Bank (Amendment) Bill 2018 is due for pre-legislative scrutiny in the autumn. Will the Tánaiste give an update on this Bill? The reason I am looking for this update is due to the fact that many of the main banks are reneging on loan approvals for PAYE workers whose employers avail of the Government's temporary wage subsidy scheme. It will be disgraceful if banks are allowed to get away with this. Many of these workers are in desperate need of a home for themselves, and in many cases, their families. They have done everything that was asked of them. They have saved for their deposits, paid their deposits, got their loan approvals in principle and it is just when they are ready to close that they are told by the banks that their loan approvals are no longer valid. I have spoken to people in Dundalk and there is a real anger about this. We all know the banks received help when they needed it and the taxpayers of this country are still paying a heavy price. I am asking the Tánaiste and his Government to intervene. I know the Tánaiste is meeting the Minister for Finance today-----


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