Written answers

Tuesday, 31 March 2015

Department of Finance

Property Tax Application

Photo of Mattie McGrathMattie McGrath (Tipperary South, Independent)
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279. To ask the Minister for Finance if he will investigate matters raised in correspondence regarding a company (details supplied); and if he will make a statement on the matter. [13249/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I can confirm for the Deputy that I have raised the matter with the Central Bank of Ireland and have received the following response in this regard:

The company in question was authorised under the Investment Intermediaries Act, 1995 on 26 May 2000. Its authorisation transferred on 1 November 2007 to the European Communities (Markets in Financial Instruments) Regulations 2007. The company is also authorised as a mortgage intermediary acting on behalf of its Parent entity, under the Consumer Credit Act, 1995 (as amended). Upon authorisation, the company concerned was granted an exemption under Part II, Section 8 of the Central Bank Act, 1971 to use the words bank and banking in its name.

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