Seanad debates
Thursday, 30 July 2020
Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee Stage (Resumed) and Remaining Stages
10:30 am
Ivana Bacik (Labour) | Oireachtas source
I support and speak now in support of Senator Gavan's point. As my colleague, Deputy Nash, said in the Dáil we see this as a deadweight to the help-to-buy policies described in section 8 which will simply push up profits and is what concerns us as it will be effectively be subsidising home purchase. I have also received an email concerned about what happens if someone has already signed a contract prior to 23 July in which case he or she will not be covered by it. We are also opposed to the section.
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