Mr. Chairman, the term public interest is used as a catch phrase to take into consideration situations where it just does not make common sense to continue to pursue a particular debt. It may be because the amount owing is so small that it is not worth going after because it would cost us more, or it could be that all the efforts have been made and at this point, there is just no point in proceeding. It is a term that can be used generally for areas outside of bankruptcy or compromised settlements.
Joe Handley on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 16th, 2002. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 15th, 2002
Page 971
See context to find out what was said next.