Seanad debates
Thursday, 17 December 2015
Bankruptcy (Amendment) Bill 2015: Committee and Remaining Stages
10:30 am
Aodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source
I reiterate the point that under the transitional provisions, assuming there are no grounds for extension an existing bankruptcy which was due to terminate three years after adjudication, if it is already due to terminate less than six months after the commencement date, will terminate on its due date. Otherwise, it will terminate one year after adjudication or six months after commencement if that is the later date.
No comments