Michael McGrath (Cork South Central, Fianna Fail)
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I move:

That leave be granted to introduce a Bill entitled an Act to amend the Central Bank and Financial Services Authority of Ireland Act 2004 to enable the Financial Services Ombudsman to investigate complaints in relation to the sale of financial products within three years of the consumer becoming aware for the first time that the product was defective.

Michael Kitt (Galway East, Fianna Fail)
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Is the Bill opposed?

Alan Shatter (Dublin South, Fine Gael)
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No.

Michael Kitt (Galway East, Fianna Fail)
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Since this is a Private Members' Bill, Second Stage must, under Standing Orders, be taken in Private Members' time.

Michael McGrath (Cork South Central, Fianna Fail)
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I move: "That the Bill be taken in Private Members' time."