Frances Fitzgerald (Dublin Mid West, Fine Gael) | Oireachtas source

I appreciate the Deputy’s intention in providing for a review of the Personal Insolvency Act. However, this amendment is not necessary, as the Act already provides for a statutory review. Section 141 of the Act requires the Minister for Justice and Equality to carry out a full review of the operation of insolvency arrangements under the Act, including debt relief notices, debt settlement arrangements and personal insolvency arrangements, within three years of its commencement, namely, by 31 July 2016. The review is to be completed within one year and the resulting report laid before each House of the Oireachtas. We have already completed a review of the operation of the insolvency legislation, following the Statement of Government Priorities 2014-2016, and most of the amendments I am tabling today are based on that review which was extensive in its scope. I hope for these reasons that the Deputy will consider withdrawing the amendment which would unnecessarily duplicate the review work for which the legislation already provides.

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