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Personal Insolvency Act

Dáil Éireann Debate, Wednesday - 26 September 2012

Wednesday, 26 September 2012

Questions (129)

Derek Nolan

Question:

129. Deputy Derek Nolan asked the Minister for Justice and Equality if financial brokers will be able to act as personal insolvency practitioners when the forthcoming Personal Insolvency Bill is enacted; and if he will make a statement on the matter. [40761/12]

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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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