Seanad debates
Tuesday, 4 December 2012
Personal Insolvency Bill 2012: Committee Stage (Resumed)
7:55 pm
Mark Daly (Fianna Fail) | Oireachtas source
I move amendment No. 90:
This amendment seeks to ensure the Minister would request a review after one year rather than after five, which is a long time. I appreciate that the proposed one-year timeframe might be somewhat short, but I ask the Minister to give the House his view on it. The current wording which provides for a review to be conducted "not later than 5 years" after the commencement of the legislation does not mean a review cannot be undertaken earlier. However, I am sure the Minister will agree that if the current wording is allowed to stand, the review will not be undertaken until the deadline is about to be reached.
In page 75, subsection (1), line 30, to delete "5 years" and substitute "1 year".
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