Niall Collins (Limerick, Fianna Fail) | Oireachtas source

I move amendment No. 27:

In page 23, between lines 38 and 39, to insert the following:

“Amendment of section 161 of Principal Act18. Section 161 of the Principal Act is amended by the insertion of the following new paragraph after paragraph (f):

“(g) where fees are charged by a personal insolvency practitioner or the Insolvency Service of Ireland in the course of their work relating to the mechanisms outlined in the Principle Act, their fees shall not exceed those as stated in January 2015.”.”.

I am resubmitting an amendment I tabled on Committee Stage. Those who engage with the Insolvency Service of Ireland face much uncertainty and are trying to bring a degree of certainty and calmness to their lives and financial position. Concern was expressed at the fees being charged by the personal insolvency practitioners, PIPs, and the Insolvency Service of Ireland. The intent of the amendment is to eliminate that variable from the process.

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