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

The process envisages that on the issuing of a protective certificate, engagement may occur to resolve matters using the intermediary between debtor and creditor. Ultimately, if things work out based on the provisions of the legislation, an agreement will be reached as to the debt resolution mechanism and the arrangements thereunder. The matter will then be passed to the insolvency service, which will ensure the documentation furnished is in order and complies with the parameters of the legislation and the requirements have been met fully. If there is any doubt as to whether the appropriate agreement is reached, the insolvency service can raise that issue. In tabling this amendment, the Deputy may have misunderstood the process.

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