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Personal Insolvency Act

Dáil Éireann Debate, Tuesday - 25 September 2012

Tuesday, 25 September 2012

Questions (300)

Olivia Mitchell

Question:

300. Deputy Olivia Mitchell asked the Minister for Justice and Equality the professions who may act as personal insolvency practitioners under the Personal Insolvency legislation; if his attention has been drawn to concerns among many professions such as financial brokers that these functions might be confined to the legal and accountancy professions; and if he will make a statement on the matter. [40733/12]

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Written answers

I refer the Deputy to my answer to Question No. 1265 of 18 September, 2012 in which I said that the precise details in regard to the regulation of personal insolvency practitioners require further consideration in the final development of the Personal Insolvency Bill 2012 in consultation with the Department of Finance, the Central Bank and relevant professional bodies. I will be bringing forward detailed proposals by way of amendments to the Bill during its passage through the Oireachtas. I can assure the Deputy that no decisions have been taken as to who may be licensed as personal insolvency practitioners.

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