Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2020: Committee Stage
Seanad Éireann — 2021-02-08
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Barry Ward (FG), Industrial and Commercial Panel

On Second Stage, I raised an issue regarding the proposed amendments to section 25 of the Act of 2010. The figure of €10,000 is mentioned in section 5. Certain obligations are to be placed on art dealers and letting agents involved in transactions that amount to more than that figure over the course of a year. I have not put an amendment down but I suggested that we look at index-linking that figure because I suspect it will become outdated quite quickly. Has the Minister of State given any consideration to that suggestion?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2021-02-08/debate/main
Retrieved: 2026-08-14T04:49:02+00:00
Sitting date: 2021-02-08