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Dáil Éireann debate -
Wednesday, 14 Jun 1972

Vol. 261 No. 9

Written Answers. - Judgment Debts.

132.

asked the Minister for Justice when he will take steps to increase the interest on judgment debts above the present statutory limit of £4 per cent so that it will conform with current interest levels.

The interest rate on judgment debts was the subject of a number of recommendations by the Committee on Court Practice and Procedure in their tenth interim report. Legislation dealing with the matter will be introduced in due course. However, I can hold out no hope of introducing this legislation in the near future as priority must necessarily be given to more urgent legislative proposals.

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