Sean Barrett (Independent) | Oireachtas source

Could I respond on amendment No. 34? Rental of vehicles is a financial transaction normally regulated by the Central Bank of Ireland and the financial services authority. Why are we regulating the rental of vehicles? What is the rationale for that? I refer to the Minister's amendment No. 34 which refers to the regulation of the rental or leasing of vehicles. Those are normal commercial transactions usually regulated by the Financial Regulator. Why does the Minister's Department want to regulate the rental and leasing of vehicles? It is a normal commercial transaction and I do not understand the reason it is in the amendment.