Stephen Donnelly (Wicklow, Independent) | Oireachtas source

She is engaging but just asked for time to be left alone on medical grounds. I move to the Personal Insolvency Act. Richie Boucher issued a public statement stating that there would be no debt surrender by Bank of Ireland under the Personal Insolvency Act. The chief executive of Permanent TSB, Jeremy Masding, informed this committee that it is the policy of Permanent TSB that there will be no debt surrender.

We had that backed up by the former Minister, Mr. Ray MacSharry, who, in front of this committee recently as one of the public interest directors, stated that there will be no debt surrender within the context of the Personal Insolvency Act 2012. It is the clear opinion of the Government is that there will be. Is it Professor Honohan's opinion that there will be debt surrender as part of the Personal Insolvency Act?