Diarmuid Wilson (Fianna Fail) | Oireachtas source

I reiterate that eminently qualified Members of this House and the Lower House should be eligible to sit on the board.

Under section 10 of the Bill there is nothing to prevent someone who has been declared bankrupt from becoming a member of the board. However, section 11 states that if one is a member of the board and one becomes bankrupt then one must resign from the board. Could the Minister clarify that point? I beg to differ with Senator Norris. I was correct in my first comments on the membership of the board. Bankrupts are not prevented, nor should they be, from being considered for membership of the board. However, if someone is a member of the board and becomes bankrupt, he or she has to resign from the board.