Trevor Ó Clochartaigh (Sinn Fein) | Oireachtas source

I move amendment No. 130:

In page 110, subsection (1), line 42, to delete ?¤1,000? and substitute the following:?¤650 in the case of a Debt Relief Notice and Debt Settlement Arrangement, or ¤1,000 in the case of a Personal Insolvency Arrangement?.

This amendment refers to section 125(1) and the threshold whereby a specified debtor under a debt relief notice, debt settlement arrangement or a personal insolvency arrangement secures credit without informing the person from whom the credit is obtained. We believe the threshold should be lowered from ¤1,000 to ¤650.