James Browne (Wexford, Fianna Fail) | Oireachtas source

Given the alternative debt resolution procedures that have been introduced, including, for example, personal insolvency arrangements, we are widening the information required from licence applicants to include any other arrangements or compositions with creditors. That is provided for in amendment No. 101. On advice from the Office of the Attorney General, it was considered that the provision as initially drafted was too broad. Amendments Nos. 102 to 104, inclusive, and amendment No. 106 narrow its scope and application accordingly.

I cannot accept amendment No. 105 as I am satisfied that section 50 of the Bill sufficiently addresses the issues the Senators have raised.