Trevor Ó Clochartaigh (Sinn Fein) | Oireachtas source

Sinn Féin Members want to note that we still have some misgivings about section 2, particularly that subsection (2) allows a court to adjourn repossession proceedings for a period of two months to allow for the making of a proposal for a personal insolvency arrangement. We would like clarification as to what that will mean in reality. We believe a different approach is needed. We would protect the family home and establish an independent body to make banks pursue reasonable arrangements. We are looking at that again and reserve the right to table a number of amendments to section 2 on Report Stage. I will speak to the overall Bill later.