Eoghan Kenny (Cork North-Central, Labour)
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672. To ask the Tánaiste and Minister for Justice and Equality the timeline of the implementation of regulations for periodic payment orders indexation rates (details supplied); and if he will make a statement on the matter. [51288/25]

Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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As the Deputy will be aware, a Working Group on the Indexation rate for Periodic Payment Orders, to advise on an appropriate index, was established following a High Court determination that the index used in primary legislation was unworkable. As part of a two-stage process, the primary legislation governing PPOs has been amended to allow for the Minister for Justice to set the rate by way of secondary legislation.

The recommendations of the Working Group that the Periodic Payment Index should comprise a combination of harmonised index of consumer prices (HICP) and Annual Rate of Change (ARC) in nominal hourly health earnings for the health sector were subsequently approved. Drafting of the necessary Regulations is at an advanced stage and I hope to be able to bring the Regulations into operation shortly.