Seanad debates

Wednesday, 12 February 2003

Unclaimed Life Assurance Policies Bill 2002: Second Stage.

 

I am concerned, therefore, about the wording in those sections. Take the section dealing with publication of notice, for example. In section 9, it is pointed out, "section 8 does not apply and the insurance undertaking shall publish or cause to have published a notice in 2 or more daily newspapers circulating in the State and in Iris Oifigiúil". Those are exactly the words we would have used – not back in the 1890s perhaps because Iris Oifigiúil may not have been around then – but certainly in the 1930s, 1940s, 1950s, 1960s or 1970s, before the arrival of the Internet. The State is not a disinterested part here. In fact, it is almost open to the accusation that it is in the State's interest for people not to apply because more money will then go to the various worthy causes intended in the Bill.

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