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Ireland · Question · written

PQ 260

329 Mr. Connolly asked the Minister for Finance his plans to regulate the lifetime mortgage sector and equity release schemes under which vulnerable elderly persons are required to draft wills, and executors of elderly persons’ estates are required to sign prior contracts of cooperation with banks in the event of the borrowers’ deaths; and if he will make a statement on the matter. [10378/07]

askedIreland· Dáil Éireann· EN

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20 March 2007

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written

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20 March 2007

Summary

329 Mr. Connolly asked the Minister for Finance his plans to regulate the lifetime mortgage sector and equity release schemes under which vulnerable elderly persons are required to draft wills, and executors of elderly persons’ estates are required to sign prior contracts of cooperation with banks in the event of the borrowers’ deaths; and if he will make a statement on the matter. [10378/07]

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Financial Services Regulation.

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