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Dáil
‹ Questions on Promised Legislation

Unregulated lenders and repossessions

Summary

Deputy Durkan urged urgent action on unregulated lenders seeking to repossess family homes and businesses, linking it to promised legislation on courts and land conveyancing. The Minister said the Bill’s heads had been approved and publication was hoped for before the end of the session, though not this session.

Bernard Durkan Deputy Bernard J. Durkan Fine Gael

I raise again the issue of unregulated lenders and their agents who are at the moment attempting to launch a major campaign to repossess family homes and businesses throughout the country. I refer to the courts and land conveyancing (amendment) Bill, which is promised legislation, and to a Private Members' Bill which I have drafted and left in the custody of the Minister. Might it be possible to ask the Government to focus on this issue as a matter of extreme urgency rather than allowing the unregulated activity to continue?

Comment on this

I understand the heads of that Bill have been approved. The hope is to publish it before the end of the session in July. It will not be taken this session but it is hoped that it will be published.

Comment on this