Robert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

The problem is that the Bill is already behind schedule in respect of the transposition of three directives and we run the risk of facing infringement proceedings if the Bill is not enacted at the earliest opportunity. If the Deputy withdraws the amendment, however, I will see if we can do something on Report Stage. When we looked at the insurance Bill, we found that it needed a market study because we do not want unintended consequences. The practice of discounts is widely used by service providers as a way of attracting new customers. It is an important competitive dynamic, which, among other things, has facilitated new entrants into the market, and we certainly do not want to risk that. It took some market analysis to get to where we are with the insurance Bill to which I referred a minute ago. We are unlikely to be able to do that type of policy deliberation and analysis before Report Stage. I will certainly look at the matter again because I accept where the Deputy is coming from. Perhaps there is an opportunity to work with the Department of Finance on the preparatory work it has done to get to where it is with its legislation on the insurance market and to see if we could borrow some of that work to help feed into this legislation.