Gerald Nash (Louth, Labour)
Link to this: Individually | In context | Oireachtas source

We are satisfied that the scope of the Bill is broad enough to provide for the alternative financing arrangements to which Deputy Peadar Tóibín refers. Section 2(1)(b) provides that the "finance provider stands approved for the time being by the Minister in accordance with this section". This is sufficiently broad to cater for what the Deputy wants to achieve. We are all trying to provide alternative financing arrangements. We all know that different arrangements are required for the SME sector, in particular. That is what the Bill and our proposed amendments are about. I am satisfied that we can achieve the Deputy's objective.