Seanad debates
Wednesday, 5 November 2003
Insurance Industry Reform: Motion.
The Government is fully committed to the establishment of the PIAB, which is already established on an interim basis. On 27 May 2003, the Government approved the priority drafting and publication of the general scheme of the Bill to establish the board on a statutory basis. It is intended to publish the Bill in a few days and introduce it to the Houses this month. This will allow the PIAB to be operational next year.
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