Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

With the co-operation of the Oireachtas, I hope to introduce the legislation on Second Stage in October. It will make for a very busy October, November and December because we will have the Finance Bill and the SEAR legislation all together. I hope to present Second Stage in some weeks. With the co-operation of the committee and the Oireachtas, I hope to be in a position to have it passed through both Houses by the end of the year. It will make a pretty fundamental difference because it will outline a number of different regulatory requirements that will be implemented at an individual level and at a company level. For the first time, it will break the participation link between a company and an individual. Up to now, for an issue to be pursued with an individual you need to be able to prove corporate wrongdoing and the wrongdoing of the overall company. That link will be broken through the passage of this legislation. I hope we can get that passed in some months time.