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

The amendment allows me to agree broadly with the thrust of the proposal from the Deputy. I am of the view that the amount of €650 in regard to a debtor seeking to obtain credit without informing the other person of his or her participation in a debt resolution process under this Bill should be standardised. That amount is already provided for in section 33 in respect of the debt relief notice and in section 76 in respect of the debt settlement arrangement and does not need amendment. I will table an amendment in the Seanad to reduce the amount from the current €1,000 in a PIA to €650. I hope that Deputy Mac Lochlainn can accept this clarification and withdraw his amendment.

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