Seanad debates

Friday, 30 November 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

11:55 am

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

I understand the reason Senator Byrne is putting forward this amendment but I also understand the explanation the Minister has given. This issue is not easy to resolve but the Minister's comment that he will try to resolve it on Report Stage satisfies me because I can understand the difficulty. There was an article about a Chinese item in the newspaper yesterday that was expected to be sold at an auction in the midlands for between ¤2,000 and ¤3,000, and if I remember correctly it was sold for ¤650,000. Clearly, it is not easy to solve this problem. I am sure that is not what Senator Byrne has in mind. He has explained the issue very well, but we should leave it for Report Stage to see if the Minister can solve it.

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