Minister Chambers undertakes Second Stage of the Finance 2024 Bill in Dáil Éireann

(Provision of Access to Cash Infrastructure)
by IFSC News
27 Sep 2024
IFSC

International Financial Services Centre

The Minister for Finance, Jack Chambers T.D., is pleased to announce the completion of Second Stage of the Finance (Provision of Access to Cash Infrastructure) Bill 2024 today in Dáil Éireann.

This follows publication of the Bill on 31 July 2024.

The Bill aims to put in place a framework that will ensure sufficient and effective access to cash is available in the State, and that any further evolution of the cash infrastructure will be managed in a fair, orderly, transparent and equitable manner for all stakeholders.

Minister Chambers commented:

“I am delighted to present the Finance (Provision of Access to Cash Infrastructure) Bill 2024 to the Dáil today following its publication in July.

For many people, cash remains the preferred form of payment and cash continues to play an important role in our economy.

Cash is important to consumers in all walks of life because it is a private, secure, and instant form of payment. It is a budgeting tool for many, and it allows individuals to maintain their financial independence. It is also important for the day-to-day revenue and expenses of so many of our small-to-medium enterprises (SMEs). 

It is imperative to ensure that cash remains widely available and accessible, so as to protect the economy when technology is not a viable option, and ensure that those who rely on cash can do so into the future. That is why the Finance (Provision of Access to Cash Infrastructure) Bill 2024 aims to put in place a framework to ensure continued sufficient and effective access to cash in the State.

I look forward to engaging with colleagues across the House and will welcome their support as the Bill progresses through the Oireachtas.”

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