Seanad debates

Wednesday, 21 November 2012

Personal Insolvency Bill 2012: Second Stage

 

1:10 pm

Photo of David NorrisDavid Norris (Independent) | Oireachtas source

I notice there are several discrepancies between what the Minister said and what is in the provided script. I would like to give one example from the paragraph the Minister has just finished reading. The provided script states: "Neither does the Bill provide for any process whereby negative equity can be written off for solvent debtors able to meet their repayment obligations." However, the Minister said: "Neither does the Bill provide for any process whereby negative equity can be automatically written off for solvent debtors able to meet their repayment obligations." This leaves the possibility that it may be written off. I am just curious about this. Is it like the Constitution-----

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