Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I move amendment No. 7:

In page 18, to delete lines 23 to 35 and substitute the following: “(2) The Minister shall, following consultation with the Bank, make regulations to prohibit the charging of an access fee where the withdrawal concerned is from a relevant account.”.

This is a simple amendment. The legislation states that the Minister may, following regulations, prohibit the charging of ATM access fees or a set-up cap of such ATM access fees. Access fees for withdrawing cash from a relevant account should not be allowed. The amendment is in keeping with that view. I ask the Minister of State to outline where access fees are being charged currently and if they are being charged for withdrawals from a relevant account. If access fees are not being charged currently, why would the Minister of State not agree to an amendment ensuring access fees are not charged in the future?

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