Dáil debates

Thursday, 3 May 2012

11:00 am

Photo of Willie O'DeaWillie O'Dea (Limerick City, Fianna Fail)

I want to ask the Tánaiste about legislation which is of great interest to people outside the rarefied atmosphere of this House, namely, the insolvency Bill. The Taosieach was asked about that last week and he stated there was a good deal of complexity around it, which I accept. He stated further that he was pushing hard to get the Bill finalised, and I accept that. I ask, on behalf of my constituents and tens of thousands of other people outside this House, the stage we are at now. Have the complexities been overcome? Have the differences been resolved? When is the Bill due to be published? Is the Tánaiste also aware that considerable administrative machinery will need to be put in place to make this Bill operable? Between publication and putting in place the system to make the Bill operable, when will the Bill be operating? That is a question my constituents, more of whom are falling into mortgage arrears on a daily basis, ask me constantly and it is on their behalf and, I am sure, on behalf of many other Deputies that I ask the question.

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