David Cullinane (Waterford, Sinn Fein) | Oireachtas source

There are lots of issues that would be for the regulator, but we can be prescriptive. While the regulator has a job to do, it also has to take the lead from the legislation and what the Oireachtas has decided to do. If we wanted to, we could define what we, as legislators, mean in terms of "satisfied". The regulator then has to deliver on that and maybe add to it, but there is a basic threshold. The point is that we are not even at that stage. There is no definition of "satisfied" in primary legislation and that is problematic. The Minister said he will provide a briefing note. We can re-examine this, but there are some concerns. I will press my amendment and we can discuss this again on Report Stage.