Voluntary contributions withdrawal
Michelle Mulherin asks when legislation allowing certain policyholders to withdraw 30% of voluntary contributions will be enacted; Joan Burton expects it to be addressed in the Finance Bill.
The Minister might advise me on when she expects the legislation to allow approved voluntary contribution policyholders to withdraw a 30% tranche to be enacted. There is a great deal of interest in this legislation because it will make it possible for some people to sort out their debt problems.
Comment on this
The Minister for Finance made an announcement in this regard on budget day. I assume he will deal with the matter further in the context of the Finance Bill which will be published in the next couple of weeks.