Seanad debates

Wednesday, 12 February 2003

Unclaimed Life Assurance Policies Bill 2002: Committee Stage.

 

10:30 am

Photo of Pat GallagherPat Gallagher (Donegal South West, Fianna Fail)

I am only giving an example. To personally notify the account holders would involve a manual trawl of paper records. This would be a huge undertaking and we might never see the money from the accounts and the people concerned might never be notified. One would have thought that all accounts would have been computerised but that is not the case.

It might be possible to look at this in the future when it would be a matter for the Minister for Community, Rural and Gaeltacht Affairs. While I know this is no assurance, I will bring this matter to the attention of the Minister and inform him of the Senators' views. It is not possible to accept the amendment as of now.

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