Damien English (Meath West, Fine Gael) | Oireachtas source

That is what we are trying to do. It is about how we can incentivise good behaviour. On those conversations, that is what we are trying to tease out and the Deputy has just put it clearly as to why I am saying to him that it is not completed yet. He understands that it will take a little bit more time. Those conversations will involve our own planning team and the regulator but also we will look for legal advice to tease it out. It is probably not appropriate for me to go through it all with the Deputy here but I am happy to discuss it with those interested in the Department when we are further on in the weeks ahead. Our planning teams are looking at it as well to see how it can work and how legally sound is it. We have been talking to the regulator and will meet him to finalise everything. Naturally, there is no point in implementing something if it cannot deliver a positive outcome. That is the what we are at. I will be straight with the Deputy. It is not finalised. He had some observations and some good thinking on it as well. Others have as well. I am happy to involve them in the next couple of weeks and months as we finalise it.

The Deputy is asking when that will be. It is not a case of saying we will spend a year on this. That is not what it is about. We want to have all this completed in January if we can. We are still waiting for the legal advice we need but we will get that clarity and then we can move on most of this quite quickly but they are the little nitty-gritty bits that have to be teased out. To be fair to our planning team, there are different views there and I have to respect that, hear all their views and tease it through with them. That is the kind of work we are doing. Ms Tobin and Ms Gill have been doing the same as well.