Seán Sherlock (Cork East, Labour) | Oireachtas source

For the record of this House, we note the concerns expressed by accountancy bodies. The Minister for Jobs, Enterprise and Innovation, Deputy Bruton, has agreed to undertake an assessment of the issues by consulting with key stakeholders such as the professional bodies mentioned by Senator Quinn, consumer representatives, small business representatives, regulators, the Revenue Commissioners, the Companies Registration Office and other official bodies with an interest. It is not as if we are ignoring issues, it is merely the case that for the purposes of this Bill we do not support the amendment. This is not to say that there is not an ongoing consultation process with the very bodies Senator Quinn mentioned.