Dáil debates

Wednesday, 7 November 2012

Personal Insolvency Bill: Report Stage (Resumed)

 

11:50 am

Photo of Alan ShatterAlan Shatter (Dublin South, Fine Gael) | Oireachtas source

I move amendment No. 85:

In page 43, between lines 3 and 4, to insert the following:

"(3) Where subsection (1) applies—

(a) the period during which the Debt Relief Notice concerned was in effect shall be disregarded in reckoning any period of time for the purpose of anyapplicable limitation period (including any limitation period under the Statute of Limitations 1957) in relation to any proceedings or process in respect of a specified qualifying debt to which section 32 applied, and(b) the period for which any judgment against the specified debtor in relation to a specified qualifying debt has effect (whether under statute or ruleof court) shall, subject to the provisions of this Act, be extended by the period that the Debt Relief Notice was in effect.".

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