Ivana Bacik (Independent)

It is subject to legal advice from the Office of the Attorney General, to a report by the joint committee and to submissions from anyone who has an interest in the area. The Minister has let that be known. Changes may still be made.

From my first reading it is not my understanding that it gives powers to the banks. Rather, it will assist the 30,000 home owners who are in arrears and provide, for the first time, a series of measures.