Seanad debates

Tuesday, 15 July 2014

Competition and Consumer Protection Bill 2014: Report and Final Stages

 

2:25 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

We discussed this issue on Committee Stage and basically the issue hinges on whether something of this nature should be put into primary legislation which it is set for all time and in all cases or whether it should be left to regulations where, as we now have under section 63B(2)(q), regulations may "specify the manner and timeframe in which payment for grocery goods supplied to relevant Grocery Goods Undertakings are to made". I believe the right approach is to leave the flexibility in this situation and that over time the appropriate credit terms can adjust to changing circumstances. This is not an appropriate area for primary legislation.

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