Seanad debates

Tuesday, 4 December 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

7:05 pm

Photo of Trevor Ó ClochartaighTrevor Ó Clochartaigh (Sinn Fein) | Oireachtas source

I move amendment No. 47:


In page 44, subsection (5), line 10, after ?intermediaries? to insert the following:?and the withdrawal of authorisation of such persons?.
This amendment is based on a suggestion made on Report Stage in the Dáil by our colleague Deputy Pádraig Mac Lochlainn. It proposes to take into consideration if someone who has been given the power to be an approved intermediary loses that status. The Minister thanked the Deputy for this observation and said he would come to the Seanad with an amendment to address this matter. We have not seen such an amendment coming through the Seanad which is why we brought forward our amendment. It is important the withdrawal of authorisation from someone who was appointed an intermediary and loses his or her authority needs to be added to the legislation.

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