Seanad debates

Thursday, 29 November 2012

Personal Insolvency Bill 2012: Committee Stage

 

1:00 pm

Photo of Mark DalyMark Daly (Fianna Fail) | Oireachtas source

I thank the Minister for his reply and I understand what he is saying about the engagement with the banks. My specific question was about the engagement with the banks on this particular Bill and what they asked to have put in, so that we could discern what elements were, or were not, put in at the banks' request.

That information is not available to the public so perhaps the Minister will tell the House if it is to be made public. We do not want to feel the banks wrote the legislation. My colleague, Senator Conway, pointed out that the banks are already engaging about section 9. They knew it is going to be included, they were ahead of the curve and they are already canvassing these guys.

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