Seanad debates

Thursday, 14 May 2015

10:30 am

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

I ask the advice of the Deputy Leader on this matter. Yesterday, the Government announced the so-called end of the bank veto. It remains to be seen what will be in the Government's legislation in that regard. We hope that it does mean the bank veto will be ended and that the Government means what it says. When the Personal Insolvency Bill was going through this House there was a good debate with many Members on both sides speaking. The issue identified by me and many other colleagues at the time related to the bank veto. However, the then Minister, Deputy Alan Shatter, in his response to us, stated: "The banks do not have a veto." Clearly, this House was very much misled by the then Minister, Deputy Alan Shatter. Is there anything this House can do about the misleading statement given by the then Minister, Deputy Shatter, during the passage of the legislation? Is it something the Committee on Procedure and Privileges, CPP, might take up?

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