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Dáil
‹ Order of Business

Central Bank consolidation Bill

Summary

Mattie McGrath asks when the Central Bank consolidation Bill will address banks and receivers; the Taoiseach says it depends on completing the Central Bank supervision and enforcement legislation.

I also ask about the Central Bank (consolidation) Bill given that there are receivers up and down the country. I met approximately 50 people protesting outside a receiver's premises on St. Stephen's Green-----

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The Deputy is going to tell another story now.

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-----about the behaviour of banks and receivers which are carrying on outside the law in many cases.

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Michael P. Kitt An Leas-Cheann Comhairle Fianna Fáil

We are not having a debate.

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A Leas-Cheann Comhairle, stories-----

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They are destroying good businesses.

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Michael P. Kitt An Leas-Cheann Comhairle Fianna Fáil

We cannot have a debate on it.

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I do not want a debate. I want to know when the Bill will come in.

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Enda Kenny The Taoiseach Fine Gael

The Central Bank (consolidation) Bill cannot come in until the Central Bank (Supervision and Enforcement) Bill, which is on Report Stage, is dealt with. The Children First Bill is down for this session. However, significant legal and operational matters are under discussion in the Department about it. It may not make it through for publication in this session. If not, it will be early next session.

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