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Personal Insolvency Legislation

Dáil Éireann Debate, Thursday - 19 July 2012

Thursday, 19 July 2012

Questions (584)

Niall Collins

Question:

591 Deputy Niall Collins asked the Minister for Justice and Equality his views on concerns from the credit union sector about the impact of the Personal Insolvency Bill, the contact he has had with the credit union sector; and if he will make a statement on the matter. [36412/12]

View answer

Written answers

I would refer the Deputy to my reply to Question No. 984 of 18 April 2012 which was as follows:

"On 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."

Further to that reply, I should mention that credit union representatives attended a briefing session on the Personal Insolvency Bill 2012 which was given by officials from my Department and the Department of Finance on 29 June, 2012 on publication of the legislation.

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