Distressed loan book regulation
Deputy Durkan asks for urgent legislation regulating unregulated purchasers of distressed loan books and protection for pressured householders, while also seeking the timetable for the Criminal Law (Sexual Offences) Bill. The Taoiseach says both Bills are due this session and notes that purchasers have voluntarily agreed to follow the Central Bank’s code.
Deputy Keaveney should read his party's pre-budget submission.
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The Government took money away from mental health services.
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This has been a cause of some concern as a result of the activity of certain of the purchasers and its impact on the market. The extent to which these entities are pressurising-----
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It is shameful. The Government took the money from the most vulnerable and lined the pockets of the rich.
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According to the its document, Fianna Fáil would spend €50 million less on health.
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The Minister should go and cover up his predecessor's dirty tricks.
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Deputy Keaveney should show Deputy Durkan the same respect he was afforded while making his contribution.
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Is the Ceann Comhairle going to caution the Minister?
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In light of the extent to which individual householders are being pressurised by the purchasers of these loan books, will the Taoiseach indicate if it is intended to bring the sale of loan books to unregulated third parties Bill before the House as a matter of urgency in order to ensure that the activities of the entities to which I refer will not infect the entire market?
When is the criminal law (sexual offences) Bill likely to be introduced? Have the heads of this legislation been cleared by the Cabinet?
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Would it be possible for some steps to be taken in the meantime to alert the people who have purchased such loans of the fact that the legislation is imminent?