Seanad debates

Tuesday, 4 December 2012

Personal Insolvency Bill 2012: Committee Stage (Resumed)

 

Government amendment No. 103: In page 88, between lines 15 and 16, to insert the following subsection: "(4) Unless provision is otherwise made in the Personal Insolvency Arrangement, where an Arrangement provides for payments to a creditor to whom section 89 applies that are greater than the payments that creditor would receive if such payments were made on a pari passu basis, the fees, costs and charges referred to in section 95(2)(h) shall be payable by that creditor in proportion to the payments received by him or her.".

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