Pearse Doherty (Donegal South West, Sinn Fein)
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I move:

That leave be granted to introduce a Bill entitled an Act to amend the Consumer Credit Act 1995.

The Bill seeks to place a cap on interest rates charged by licensed moneylenders approved in the State.

Seán Barrett (Ceann Comhairle; Dún Laoghaire, Ceann Comhairle)
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Is the Bill opposed?

Paul Kehoe (Minister of State and Government Chief Whip, Department of An Taoiseach; Wexford, Fine Gael)
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No.

Seán Barrett (Ceann Comhairle; Dún Laoghaire, Ceann Comhairle)
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Since this is a Private Members' Bill, Second Stage must, under Standing Orders, be taken in Private Members' time.

Pearse Doherty (Donegal South West, Sinn Fein)
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I move: "That the Bill be taken in Private Members' time."