Seanad debates

Tuesday, 4 December 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

Government amendment No. 72: In page 64, lines 31 to 44, to delete subsections (3) to (6) and substitute the following: ?(3) A creditor to whom a preferential debt is owed shall not be entitled to vote in respect of that debt in favour of a proposal for a Debt Settlement Arrangement at a creditors? meeting unless that creditor has furnished to the personal insolvency practitioner a waiver in writing of the creditor?s right to have that debt treated as a preferential debt.?.

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