Seanad debates

Tuesday, 4 December 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

7:05 pm

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

This amendment substitutes the existing text of section 46(1) with new text regarding the information which the debtor is required to provide to the personal insolvency practitioner on his or her financial affairs. It will now include a requirement of the disclosure of details of any guarantees given to or by the debtor. The amendment is intended to improve the overall presentation of the section and to ensure necessary clarity.

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