Dáil Éireann Debate, Tuesday - 5 April 2011
281 Deputy Terence Flanagan asked the Minister for Justice and Equality if he will be introducing a new Bill this session to deal with our outdated bankruptcy laws; and if he will make a statement on the matter. [6511/11]
View answer309 Deputy Terence Flanagan asked the Minister for Justice and Equality while the EU-International Monetary Fund bailout is contingent on the Government introducing new bankruptcy laws by early 2012, if the Law Reform Commission recommendations will become law before that date; and if he will make a statement on the matter. [6862/11]
View answerI propose to take Question Nos. 281 and 309 together.
The Government commitment under the EU/IMF Programme of Financial Support for Ireland is to publish insolvency reform legislation by Quarter 1 of 2012. The legislative programme for my Department includes a Personal Insolvency Bill that will provide for a new framework for settlement and enforcement of debt and for personal insolvency. The Bill, proposals in respect of which are being developed in my Department, will take into account the recommendations of the Law Reform Commission in its Report on Personal Debt Management and Debt Enforcement of December 2010.
The Civil Law (Miscellaneous Provisions) Bill, that I intend to publish shortly, will contain some interim measures in relation to reform of the law on bankruptcy.
