Pearse Doherty (Donegal, Sinn Fein)
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We have a serious number of amendments and a very technical Bill. I think there are 68 or 69 amendments that the Minister has submitted to this legislation which we received on Monday. We have a short period of time to consider it. However, it is very important legislation and we need to take ample time to make sure that it is right. Section 3 provides for the Central Bank to provide for regulations. Is that correct in regard to pre-approval controlled functions, PCF, holders and the responsibilities they have? Will the Minister elaborate on section 3 please?