Dáil Éireann Debate, Wednesday - 18 April 2012
984 Deputy Willie Penrose asked the Minister for Justice and Equality if he has received comprehensive observations on the draft general scheme of personal solvency from the credit union movement and if he will take cognisance of these submissions, which indicate a number of issues which are of concern to the credit union movement, their members and society as a whole; and if he will make a statement on the matter. [18461/12]
View answerOn publication of the Heads of the Personal Insolvency Bill on 25 January 2012, both the Minister for Finance and I invited interested parties to submit their comments on the legislative proposals. In that context I can confirm that my Department has received submissions from the Irish League of Credit Unions, the Credit Union Development Association and the Credit Union Managers Association as well as from a small number of individual credit unions. In addition, representatives from my Department and the Department of Finance met with credit union representatives last month to brief them on the proposed legislation.
The submissions and other comments on the General Scheme of the Personal Insolvency Bill received from credit union representatives are being taken into consideration in the overall context of the further development of the legislative proposals.
