Mr. Gary Tobin:

I did. What I am trying to say, although perhaps not very eloquently, is that one can interfere with property rights so long as the interference is proportionate. In the view of the Central Bank, there is a question as to whether the Bill is proportionate.

According to Deputy Pearse Doherty, it is not disproprtionate. However, in the view of others, it is.

On the analysis we have carried out in regard to the Bill, I would make the point that this is not our Bill. Rather, it was brought forward by Deputy Doherty. We have not carried out extensive research on the Bill because we never intended to put forward legislation such as this.