Seanad debates

Tuesday, 26 May 2015

Central Bank (Emergency Powers) (Variable Interest Rates) Bill 2015: First Stage

 

2:30 pm

Photo of Feargal QuinnFeargal Quinn (Independent)
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I move:



That leave be granted to introduce a Bill entitled an Act to empower the Central Bank to direct banks to reduce mortgage interest rates chargeable in respect of the holders of variable rate mortgages pertaining to their principal place of residence.

Photo of Paddy BurkePaddy Burke (Fine Gael)
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Do we have a seconder?

Photo of David NorrisDavid Norris (Independent)
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I second that.

Photo of Paddy BurkePaddy Burke (Fine Gael)
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Is that agreed? Agreed. When is it proposed to take Second Stage?

Photo of Feargal QuinnFeargal Quinn (Independent)
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On 9 June.

Photo of Paddy BurkePaddy Burke (Fine Gael)
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Is that agreed? Agreed.

Second Stage ordered for Tuesday, 9 June 2015.