Seanad debates
Thursday, 27 March 2003
Central Bank and Financial Services Authority of Ireland Bill 2002: Second Stage.
Section 149 of the Consumer Credit Act is being amended by altering the definition of charge. A further worthwhile amendment to this section would be to substitute the word "consumer" for that of "customer" where it occurs. This would have the effect of confining the legislation to dealings with consumers, which would be in line with the intent of the consumer credit directive and clear up a long-standing legislative anomaly.
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