Seanad debates

Tuesday, 17 June 2014

Companies Bill 2012: Committee Stage

 

6:50 pm

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

I thank the Minister of State for his response. It was the term "bound book" that got me because I thought it sounded like something from Dickens or whomever. I was also struck by how cloud computing is so big. This morning I dropped into the Springboard demonstration or launch taking place at Customs House Quay. It was amazing to witness hundreds of attendees meeting organisations and colleges from around Ireland and, very often, they were selling cloud computing. I spoke to one man who had travelled all the way from Waterford to the event because he had got a job but wanted to locate a specific course. Another person asked him what he could do and he promptly demonstrated his cloud computing skills. That person said to him, "I need you immediately, will you start next week?"

That scenario reminded me how strange it would be for us to include a provision stipulating that the information must be kept in a bound book and kept in the State. To the best of my knowledge, this provision does not apply in other countries. We should change the provision in order to make us more competitive. I was happy to hear the Minister of State say that the matter would be given consideration. It is one of the amendments that needs further consideration before we reach the Final Stage. I was pleased to hear that the Minister of State has agreed that he will do so.

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