Seanad debates

Wednesday, 2 April 2003

Central Bank and Financial Services Authority of Ireland Bill 2002: Committee Stage.

 

10:30 am

Photo of John Paul PhelanJohn Paul Phelan (Fine Gael)

I move amendment No. 2:

In page 10, paragraph (g), line 18, after "problems" to insert "and the quality and cost of services to the consumer".

The new section 5A(1)(g) to be inserted into the principal Act deals with the collection and publishing of data by the authority. The amendment again seeks to protect consumers by ensuring that the quality and cost of the service is realistic. It attempts to highlight the importance of this function. What is proposed in this paragraph is not clear and the amendment elaborates upon what is already contained there.

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