Results 10,441-10,460 of 19,162 for speaker:Alan Shatter

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 171:In page 100, to delete lines 38 and 39 and substitute the following:"(2) The hearing of an objection lodged under section 108(3) shall be heard with all due expedition.".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 172:In page 100, line 43, to delete "by the Insolvency Service" and substitute "under section 91".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 173:In page 101, lines 39 and 40, to delete all words from and including "every" in line 39 down to and including "meeting" in line 40 and substitute the following:"in respect of every specified debt, the creditor concerned,".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 174:In page 102, line 38, to delete "in force" and substitute "in effect".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: Amendments Nos. 175 to 180, inclusive, essentially replicate the proposals made by Deputies Mac Lochlainn and Niall Collins in section 106 of the Bill, specifically amendments Nos. 163 to 168, inclusive, with regard to drastically altering the proportions of creditors required to vote to accept a personal insolvency arrangement. The amendments are rejected for the reasons previously outlined.

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 181:In page 105, line 46, to delete "the level of" and substitute "the extent of".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 183:In page 107, lines 21 and 22, to delete all words from and including "at" in line 21 down to and including "Arrangement," in line 22 and substitute the following: "as respects a Personal Insolvency Arrangement, at any time during which the arrangement concerned is in effect,".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 184:In page 107, line 23, to delete "a Personal Insolvency Arrangement" and substitute "that Personal Insolvency Arrangement".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 185:In page 107, between lines 43 and 44, to insert the following:“(2) For the purposes of subsection (1)(e), a debtor is in arrears with his or her payments for a period of not less than 3 months where—(a) at the beginning of the 3 month period ending immediately before the day on which the application was made, one or more than one payment in respect of the...

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I am opposed to this amendment, which is similar to amendments Nos. 124 to 127, inclusive, regarding the period in which a debt settlement arrangement is deemed to have failed. There is no point in revisiting the arguments on the personal insolvency arrangement.

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 187:In page 108, line 14, to delete "otherwise;" and substitute "otherwise; or".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 188:In page 108, line 20, after "debtor" to insert "concerned".

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I move amendment No. 189:In page 110, line 19, to delete "the amendment" and substitute "the variation".This amendment is required for consistency with the terminology used elsewhere in the Bill. The use of the word "variation" rather than "amendment" is proposed in order to remain consistent with the text elsewhere.

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: 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...

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I am advised that the proposal from the Deputy is not necessary. It would not add to the comprehension of section 130, which deals with the setting off of assets and debts between a debtor and a creditor. The balance would then likely be the subject of a debt resolution process as provided for under this Bill. The issue of consent as such does not arise in this particular context. For...

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I welcome that the Deputy has raised these three issues. We are considering them in the context of Seanad amendments to the Bill. I share his concerns. We have had an opportunity to work through this and consider it with regard to the BPOs. We are revisiting that in the context of our own considerations and what the Deputy has to say on the issue. The bank account issue is important....

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: It elongates it otherwise.

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: I agree with the Deputy that we need to change the ethos and culture. I would not regard bankruptcy as a mark of business stature but many individuals, who have developed very successful businesses in the United State providing considerable employment, were particularly unsuccessful in their early ventures into business. This is one of the reasons we are reducing the timeframe and not just...

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: To take up the point made by Deputy Donnelly, this is complex legislation which contains many new mechanisms. It is very important that we communicate to the general public how it is intended to work. The insolvency agency will have a particular function in that regard. If we achieve our objective of enacting the legislation before Christmas, an information process for the benefit of the...

Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage (7 Nov 2012)

Alan Shatter: No, but the connectivity between the agency and the Houses of the Oireachtas will be through an annual report that will be produced and laid before both Houses. The justice committee will be engaged. There is no particular reason or need, and the legislation does not provide for it, to create a board of people who have oversight in circumstances where we appoint a chief executive who can...