Seanad debates
Tuesday, 11 December 2012
Personal Insolvency Bill 2012: Report and Final Stages
7:50 pm
David Cullinane (Sinn Fein) | Oireachtas source
I wish to speak again about amendment No. 75. We had some discussion on Committee Stage in respect of the amendment. It states: "In page 76, line 47, to delete ¤3,000,000 and substitute ¤1,000,000". As the Minister will know, the amendment refers to the criteria for a personal insolvency arrangement. My party believes that the current ceiling is too high and too loose. We want it set at ¤1 million and not ¤3 million.
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