The sale of loan books to unregulated third parties Bill is listed as No. 93 on the C list and publication is expected in 2015. However, the Bill might have considerable significance for the approximately 20,000 customers of Irish Nationwide who find themselves in a predicament at present.

Will the Government expedite this legislation? Will the Tánaiste agree with me that it could be of benefit to the customers of the financial institution to which I referred?

The sale of loan books to unregulated third parties Bill will allow regulated financial institutions to sell their loan books to unregulated financial institutions. Work is being done on this Bill and we expect it to be published next year.