Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

In some senses what the Minister has done is add a second part of the sentence after "necessary" to define the word as meaning necessary for the fulfilment of the regulator's functions. If it said that in the Bill, I would agree with him, but it does not. If that is the meaning of "necessary", why not spell it out in the Bill? If he did, that would be a more than reasonable resolution of the issue. The difficulty is that the Bill does not define "necessary".