Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Does he understand that the concept behind the legislation is that banks will be forced to write off a portion of debt after a specified period for people who cannot repay the full debt? That is the concept behind that legislation. The problem with the Bill is the provision therein which allows the banks to retain a veto. Everything Mr. MacSharry has said to the committee has reinforced our worst fears that the banks will continue to use their veto. Will Mr. MacSharry reiterate his assertion that there will be no write-off of debt for mortgage holders in any circumstances?