Seanad debates

Wednesday, 26 June 2013

Courts Bill 2013: Committee Stage

 

Government amendment No. 68. In page 15, after line 13, to insert the following: “Amendment of section 122 of Act of 2012 64. Section 122 of the Act of 2012 is amended by inserting the following after subsection (3): “(4) Where the appropriate court makes a decision under subsection (3)--(a) the Registrar of the appropriate court shall notify the Insolvency Service of the decision, and (b) the Insolvency Service, on receipt of the notification under paragraph (a), shall notify the personal insolvency practitioner and the specified creditors concerned of the decision.(5) Where the appropriate court decides, under subsection (3), to terminate a Personal Insolvency Arrangement, the Insolvency Service shall, on receipt of the notification under subsection (4) of that termination, record the fact of the termination of the Personal Insolvency Arrangement in the Register of Personal Insolvency Arrangements.”.”.

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