Seanad debates

Tuesday, 2 July 2013

Courts and Civil Law (Miscellaneous Provisions) Bill 2013: Report and Final Stages

 

Government amendment No. 24: In page 40, between lines 17 and 18, to insert the following: “Amendment of section 115 of Act of 2012 69. Section 115 of the Act of 2012 is amended--(a) in subsection (2), by substituting “the notification and documents” for “the copy of the Personal Insolvency Arrangement”, (b) by substituting the following for subsection (3):(3) Where the appropriate court, for the purpose of its arriving at a decision under subsection (2), requires--(a) further information, it may request the Insolvency Service to provide this information, and the Insolvency Service shall provide the information requested to the court and to the personal insolvency practitioner concerned, or (b) further information or evidence, it may hold a hearing, which hearing shall be on notice to the Insolvency Service and the personal insolvency practitioner concerned.",and (c) by substituting the following for subsection (5):“(5) For the purposes of subsection (2), the appropriate court may accept-- (a) the certificate of the personal insolvency practitioner referred to in section 112(1)(a) (as amended by section 67# of the Courts and Civil Law (Miscellaneous Provisions) Act 2013) as evidence that the requisite percentage of creditors referred to in section 110(1) has approved the proposal for a Personal Insolvency Arrangement, and (b) the statement of the personal insolvency practitioner referred to in section 112(1)(c) (as amended by section 67# of the Courts and Civil Law (Miscellaneous Provisions) Act 2013) as evidence of any matter referred to in subsection (2) which is the subject of that statement.".".

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