Dáil
‹ Order of Business Bank repossession legislation
Summary
Willie O’Dea asks when the land and conveyancing law reform Bill, intended to remove obstacles to banks realising loan collateral, will be introduced. The Taoiseach says it was approved and will come before the House this session.
The justice section of the legislative programme includes a land and conveyancing law reform (amendment) Bill, which is intended to remove unintended constraints on banks to realise the value of loan collateral. In other words, it will remove the obstacles which stand in the way of banks repossessing houses. When does the Taoiseach intend to introduce that legislation?
Comment on this
Is it coming to the House in this session?