Sean Barrett (Independent) | Oireachtas source

I move amendment No. 17:

In page 33, subsection (3), line 36, after “exceed” to insert “triple”.

Section 43(3) reads: "In subsection (1) “appropriate redress” means such monetary or other redress as is specified in the direction and (in the case of redress for pecuniary loss) as does not exceed the amount of the loss suffered or anticipated to be suffered". My amendment proposes to insert "triple". Other countries have triple damages for this kind of malpractice. The mere amount has not worked and it might help in bringing these people to their senses if they face stricter penalties. There are triple damages systems in the US. Given the trouble we have had and the money diverted from things we want to spend money on, the penalty could be made harsher.