Seanad debates

Thursday, 11 March 2010

Criminal Justice (Money Laundering and Terrorist Financing) Bill 2009: Committee Stage.

 

12:00 pm

Photo of Ivana BacikIvana Bacik (Independent)

Why is it that "insolvency practitioners" are not included in this definitional section? I understand there was an understanding by the Chartered Accountants Institute that they would have been included but they did not appear in the Bill. I understand that not all insolvency practitioners are accountants or solicitors and would not necessarily be covered. I am taking up Senator O'Donovan's point. I note a reference to notaries which are separate from barristers and solicitors and yet there is no reference to or definition of "insolvency practitioners". We have to be careful, as Senator O'Donovan said, about definitions of people who hold themselves out as practitioners.

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