David Stanton (Cork East, Fine Gael)
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Question 92: To ask the Minister for Finance the number of licensed moneylenders currently in operation in the State; and if he will make a statement on the matter. [16812/05]

Brian Cowen (Laois-Offaly, Fianna Fail)
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My Department has been advised by the financial regulator that there are currently 53 moneylenders licensed in the State. Under section 93 of the Consumer Credit Act 1995, as amended, moneylenders are licensed by the Irish Financial Services Regulatory Authority. Part VIII of the Act sets out the conditions to be met by a person to obtain a licence and also governs the conduct of business by licensees.