Results 24,821-24,840 of 26,610 for speaker:David Cullinane

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I move amendment No. 74: In page 76, between lines 39 and 40, to insert the following:?(6) Once a Personal Insolvency Arrangement comes into effect, all interest on debts, which are the subject matter of the arrangement, shall cease to accrue and the creditor will be prevented from charging interest or the earning of interest during the term of the Personal Insolvency Arrangement.?.We have...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I thank the Minister for accepting our amendment No. 59 and for removing the discretion of the personal insolvency practitioner. The previous wording, at section 77(2) on page 70 stated: Where it appears to the personal insolvency practitioner concerned that there has been a material change in the debtor?s circumstances which would affect his or her ability to make repayments under the Debt...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I commend the Minister for taking on board the views expressed in the Lower House and this House in respect of amendments Nos. 36 and 37. I will withdraw amendment No. 36 because amendment No. 37 does the same thing but is better drafted legislatively. It was tabled to ensure that there was power to remove intermediaries in situations where necessary but the Bill had not provided for same....

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I wish to speak again about amendment No. 75. We had some discussion on Committee Stage in respect of the amendment. It states: "In page 76, line 47, to delete ¤3,000,000 and substitute ¤1,000,000". As the Minister will know, the amendment refers to the criteria for a personal insolvency arrangement. My party believes that the current ceiling is too high and too loose. We want it set...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: Yes.

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I apologise for jumping ahead. Is it the next amendment?

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I apologise for reading the list of grouped amendments incorrectly. I thought we were dealing with amendments Nos. 73 to 79, inclusive, but it is amendments Nos. 76 to 79, inclusive.

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I thank the Minister for taking on board the views expressed in this House with regard to amendment No. 20, which is very similar to amendments we tabled on Committee Stage. As the Minister put it, we sought to recast the section on reasonable household expenses to which people are entitled and which are necessary to maintain a reasonable standard of living for the debtor and his or her...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: We welcome these amendments with regard to jewellery and increasing the value of the car from ¤1,200 to ¤2,000. We sought a figure of ¤3,000 but we welcome this as a step forward. The Minister has taken a very sensible and pragmatic approach. We appreciate the fact that the Minister listened to us. We have had a very good debate in the House on the Bill. There are many aspects of the...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: The Minister has been helpful throughout this process but he should accept that an inordinate number of amendments have been tabled by him and we were only notified late last night. I acknowledge many of them are technical but this is not the best way for legislators to properly scrutinise legislation, as we have not been given sufficient notice. The Law Library could do not justice to...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: The Minister has been helpful throughout this process but he should accept that an inordinate number of amendments have been tabled by him and we were only notified late last night. I acknowledge many of them are technical but this is not the best way for legislators to properly scrutinise legislation, as we have not been given sufficient notice. The Law Library could do not justice to...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I thank the Minister for taking on board the views expressed in this House with regard to amendment No. 20, which is very similar to amendments we tabled on Committee Stage. As the Minister put it, we sought to recast the section on reasonable household expenses to which people are entitled and which are necessary to maintain a reasonable standard of living for the debtor and his or her...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: We welcome these amendments with regard to jewellery and increasing the value of the car from ¤1,200 to ¤2,000. We sought a figure of ¤3,000 but we welcome this as a step forward. The Minister has taken a very sensible and pragmatic approach. We appreciate the fact that the Minister listened to us. We have had a very good debate in the House on the Bill. There are many aspects of the...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I commend the Minister for taking on board the views expressed in the Lower House and this House in respect of amendments Nos. 36 and 37. I will withdraw amendment No. 36 because amendment No. 37 does the same thing but is better drafted legislatively. It was tabled to ensure that there was power to remove intermediaries in situations where necessary but the Bill had not provided for same....

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I wish to speak again about amendment No. 75. We had some discussion on Committee Stage in respect of the amendment. It states: "In page 76, line 47, to delete ¤3,000,000 and substitute ¤1,000,000". As the Minister will know, the amendment refers to the criteria for a personal insolvency arrangement. My party believes that the current ceiling is too high and too loose. We want it set...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: Yes.

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I apologise for jumping ahead. Is it the next amendment?

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I apologise for reading the list of grouped amendments incorrectly. I thought we were dealing with amendments Nos. 73 to 79, inclusive, but it is amendments Nos. 76 to 79, inclusive.

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I thank the Minister for accepting our amendment No. 59 and for removing the discretion of the personal insolvency practitioner. The previous wording, at section 77(2) on page 70 stated: Where it appears to the personal insolvency practitioner concerned that there has been a material change in the debtor?s circumstances which would affect his or her ability to make repayments under the Debt...

Seanad: Personal Insolvency Bill 2012: Report and Final Stages (11 Dec 2012)

David Cullinane: I move amendment No. 74: In page 76, between lines 39 and 40, to insert the following:?(6) Once a Personal Insolvency Arrangement comes into effect, all interest on debts, which are the subject matter of the arrangement, shall cease to accrue and the creditor will be prevented from charging interest or the earning of interest during the term of the Personal Insolvency Arrangement.?.We have...