Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

This refers back to the discussion we had concerning the 1993 convention. Under that agreement, a maritime lien has priority over a registered mortgage and is extinguished after one year, unless the ship is arrested or seized, which would lead to a forced sale. I understand why the Deputy is raising this issue. It emanates from the 1993 convention which is not registered in this jurisdiction. I look forward to the Deputy's amendment on Report Stage to see how we might incorporate the convention, or even some of it, in the Bill. I will consider any proposal he brings forward.