When will legislation be introduced to give courts discretion to refuse to permit banks to repossess family homes when the banks in question have unreasonably refused offers-----

To which legislation is the Deputy referring?

I am referring to the promise to introduce legislation in the latest update of the memorandum of understanding with the troika.

The Deputy should not mind such promises.

To which Bill is he referring?

Paragraph 33 of the memorandum of understanding provides-----

I do not have the memorandum of understanding.

-----that the authorities will introduce legislation remedying the issues identified by case law in the 2009 Land and Conveyancing Law Reform Act, so as to remove unintended constraints on banks to realise the value of loan collateral under certain circumstances. In other words, a promise has been made to legislate for the repossession of family homes.

This will be done after the insolvency service has been set up arising from the Dunne case. Appropriate legislation will be put in place that will recognise a right the banks have always enjoyed when contracts for lending are set out. It will be done after the first insolvency service has been set up to provide clarity in respect of something that is already in existence.

It will provide for evictions.

Will the legislation provide rights for owners of family homes who are trying to restructure their loans?

We are not having a discussion on the matter.

Coming from Mayo, the Taoiseach will know all about evictions.