Consumer credit legislation
Asked about implementing the National Consumer Advisory Council’s consumer-credit recommendation, the Minister said a draft bill was being examined and would likely be introduced before the next session, and definitely before next summer.
Is there any intention to implement the recommendation made by the National Consumer Advisory Council in relation to consumer credit?
Comment on this
Yes, and the delay in consumer credit occurred because we were awaiting a directive from Brussels but, as the Deputy is aware, the talks on that were very prolonged. It was for that reason that we decided to go ahead on our own and amend, if necessary, when the directive arrives.