Seanad debates

Tuesday, 29 June 2004

Dormant Accounts (Amendment) Bill 2004: Second Stage.

 

6:00 pm

Photo of Noel AhernNoel Ahern (Dublin North West, Fianna Fail)

The purpose of the dormant accounts fund, as set out in existing law, is to assist persons who are socially, economically or educationally disadvantaged, and persons with a disability. This will remain unchanged. There has been considerable public debate as to the purpose and impact of the Bill. There are compelling reasons, both in terms of governance and public policy, as to why legislation is necessary at this time.

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