Darragh O'Brien (Fianna Fail) | Oireachtas source

Absolutely. There is quite a lot to it. With regard to errors, I welcome the fact that if somebody - usually the lending institution - makes a change to a record, the individual must be advised of that. I assume the advice must be in writing. That has not happened up to now and most people would have no idea what information is held with the credit bureau on their behalf or the type of statements that are made. The Minister mentioned errors by financial institutions and where they happen, the procedure must be very clear for where people go and they follow up. I was one of the thousands of people affected by Ulster Bank's "technical issue", and mortgage payments were not made because of the glitch. I phoned the credit bureau after that to ensure there was no incorrect information held. If mistakes are made by institutions or somebody's payment is not made because of an institutional error, how would somebody go about following up?

I welcome the Bill and this will improve the conditions for both lenders and borrowers. I am particularly interested in finding out when the Minister sees this coming into being. I hope it will not be 2016, although there may be a good reason if it is to be that date. Will the Minister elaborate on those points?