Seanad debates

Friday, 30 November 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

11:45 am

Photo of Alan ShatterAlan Shatter (Dublin South, Fine Gael) | Oireachtas source

Amendment No. 21 proposes the deletion of section 24(2)(f). This deletion arises as a consequence of amendment No. 32 in regard to the proposed deletion of the reference in section 24 to the treatment of goods on hire purchase. Amendment No. 32 proposes the deletion of section 24(8), which sets out the treatment of goods on hire purchase in the context of the debt relief notice process. Having considered the comments of Senator Norris on Second Stage on the matter and comments received from other relevant organisations and having consulted the Parliamentary Counsel, I have decided to remove the provision from the Bill so as to offer great flexibility to debtors. I have been advised by the Parliamentary Counsel that the matter can be left to the provisions of the Consumer Credit Act 1995 and there is no requirement for an explicit provision in the Bill.

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