Oireachtas Joint and Select Committees

Thursday, 5 December 2013

Select Committee on Jobs, Enterprise and Innovation

Companies (Miscellaneous Provisions) Bill 2013: Committee Stage

10:30 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
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I accept that amendments Nos. 2 and 3 have been ruled out of order, but there is no sense in us introducing this new system with all its attractions if it will end up being a cash cow for professional services. The reason for introducing this system is to make it more flexible and cost effective. If companies do not know what the cost of going into this process will be and do not have the capacity to find where that information is available to them in advance, we will not get the benefit of the Bill. I accept the amendments are ruled out of order but this Bill needs to come with a rider that it is not a gold ticket for professional organisations to mistreat small companies.