Seanad debates

Friday, 23 April 2021

Personal Insolvency (Amendment) Bill 2020: Committee Stage

 

10:30 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

I am happy with the Minister of State's reply but it is important that we have a sense of this. It is not personally identifying information. It is literally a question of how many people are using this legislation to deal with debt of over €1 million or €2 million. Do 40% of cases relate to small debt or do 70% of cases involve debt of more than €2 million? I doubt that is the case. It would be reasonable to provide that information. If that is not currently part of the review and data collection process, I hope the Minister of State might use this Bill as an opportunity to indicate that he expects it to be part of an existing review process. If he is told he cannot get that information, I suggest he consider tabling his own amendment to the legislation as it finishes its journey to ensure we can have it.If he is told that he cannot get that information, I suggest that he consider bringing forward his own amendment before the legislation finishes its journey through the Houses in order to ensure it can be done. As legislators, we are scrutinising issues of significant financial implication and we should have all the information.

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