חוק חדלות פירעון ושיקום כלכלי (תיקון מס' 5), התשפ"א-2021Law on Insolvency and Economic Recovery (Amendment No. 5), 2021 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Law extends the validity of the temporary provision enabling the appointment of a trustee not from the lists of trustees to be compiled under the Insolvency and Economic Rehabilitation Law and the Regulations enacted thereunder. The temporary provision expired on 6 July, and therefore the Law extends its validity retroactively.

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What was said in the plenum

The bill seeks to extend once again a temporary provision stipulating that, until the new lists of trustees are finalized under the Insolvency and Economic Rehabilitation Law, trustees may continue to be appointed in the manner practiced prior to the law, in light of delays in establishing the public committees and enacting the required regulations. The actual debate included little direct discussion of the content of the law itself, and most speeches focused on other topics such as coalition-opposition relations, the Basic Law: Israel as the Nation-State of the Jewish People, children's daycare centers, cannabis, and personal and political matters.

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An automatic summary of the plenum transcripts: the debate on the bill at every reading it was voted on. Arguments are given as the speakers made them; this is not an assessment. The list of speakers comes from the transcript, without a model. Transcript of the sitting: 1

Reservations to the second reading

517 reservations were filed: proposed changes to the text the committee brought to the second and third reading.

The reservations include a huge number of proposals - some satirical, related to the "purpose of the law"; some are various proposals to postpone the law's effective date and make it contingent on other conditions and laws; and some are substantive amendments on issues of insolvency, trustee fees, and reporting to the Constitution Committee; Knesset Member Orly Levy-Abekasis also proposed more focused amendments concerning legal aid and trustee fees.

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By faction

• United Torah Judaism opposition · 513 reservations · 7 members
• Shas opposition · 513 reservations · 9 members
• Religious Zionism opposition · 332 reservations · 6 members
• Likud opposition · 223 reservations · 28 members

A joint reservation counts for every faction whose members filed it. 2 proposers were not matched to a member: listed under the groups, not counted by faction.

Asked to speak: Ayman Odeh (Joint List), Ahmad Tibi (Joint List), Samy Abu Shahadeh (Joint List), Aida Touma Sliman (Joint List), Osama Saadi (Joint List), Ofer Cassif (Joint List)

Proposers and reservation numbers are extracted automatically from the committee version, and the count is checked against the numbers printed in it. The descriptions are an automatic summary. Committee version for the second and third reading (PDF)