Aideen Hayden (Labour) | Oireachtas source

I fully appreciate the bona fides behind the legislation. In a completely separate field, many people are experiencing difficulties when dealing with banks, some of them under the insolvency regime the Minister has championed.

In my dealings with people who come to me for assistance I have learned that banks have been taking unwarranted liberties, so to speak, in their dealings with individuals in this recession. While I take the point made by Senator Bradford, my concern is that we should avoid giving additional powers to institutions in the absence of full confidence that they will not misuse these powers for purposes that go beyond the outcome we seek to achieve in the legislation. I do not necessarily expect the Minister to respond.