Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

This is only relevant to the period prior to the establishment of the regulator. It would be possible before the establishment of the regulator but subsections (2) and (3) provide for the holding of the competition and section 12(4) allows for the CEO to be appointed without the regulator being in place. The fear expressed by the Deputy cannot arise once the regulator is in place. It cannot arise for the CEO under the regulator. As far as I am concerned it is not necessary as a safeguard. The legislation captures what the Deputy hopes it should capture.