Gerald Nash (Louth, Labour) | Oireachtas source

I thank the Deputy for his words. I know he is particularly interested in the scheme and we have spoken about it. I am not accepting amendment No. 4 which deals with a specific matter which is not appropriate for legislation. The Department of Jobs, Enterprise and Innovation, the banks and other finance providers and the Strategic Banking Corporation of Ireland, SBCI, will actively promote the revised system and ensure that businesses are aware of the possibilities available under the new schemes and the Department will report on progress on a quarterly basis. It is open to the Minister under the current scheme to review it frequently, to publish reviews of the scheme and to identify if there are problems. We have had a comprehensive review and are trying to fix the problems identified. There is provision to conduct regular reviews which would be published and brought to the attention of the Oireachtas and it is appropriate that be the case but that it be done on a case by case basis. If there are problems with the operation of new schemes and the new provisions provided for here, we will certainly do that but I will not accept Deputy Calleary’s amendment.