Dáil debates
Wednesday, 7 November 2012
Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage
3:40 pm
Alan Shatter (Dublin South, Fine Gael) | Oireachtas source
That will happen without me needing to do anything further. It is envisaged that the insolvency agency will produce an annual report, which will be laid before both Houses. It is open to the Joint Committee on Justice, Defence and Equality to engage with the content of the report, to hear from the head of the insolvency agency if it wishes and to conduct any further hearing or inquiry it feels is appropriate. The committee, independently of me as Minister and of the Government, can review how things are going and the publication of an annual report from the insolvency agency will be of assistance in that context.
I assume the insolvency agency will be able to produce information on the number of debt settlement arrangements and personal insolvency arrangements furnished to the courts, the number approved by the court and where difficulties arose. On the other side, the Courts Service in its annual report, will replicate the information. Through the Joint Committee on Justice, Defence and Equality, the House will be in a position to do that work. It is desirable it does so.
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