James Reilly (Dublin North, Fine Gael) | Oireachtas source

I appreciate the sentiment but if I explain the position the Deputy might be reassured. Unlike the previous risk equalisation scheme of 2003, which was mainly set out in regulations, the new scheme, including the rates for risk equalisation, credits and stamp duty levies, is strengthened in future by being set in primary legislation and the Houses will have ample opportunity to discuss the amendments. Retaining paragraphs (b) and (c) providing for the Minister to make regulations and have them laid before the Oireachtas, therefore, would not be necessary; it will be in the primary legislation. I do not believe the amendment is necessary.