Seanad debates
Thursday, 27 June 2013
Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage
11:30 am
Michael D'Arcy (Fine Gael) | Oireachtas source
I thank the Minister. Having researched this matter, there seems to be a differentiation between consumer protection and the protection of someone who is acting in business. This creates a difficulty, as it means that there is a different structure in place for many financial transactions in business and agriculture, for example, the purchase of an agricultural machine.
I ask that the Minister examine the issue.
I shall not pretend that I was incapable of putting together the changes required because they would, effectively, have rewritten much of the Consumer Credit Protection Act.
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