Paschal Donohoe (Dublin Central, Fine Gael)
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Absolutely.

To answer the Deputy's question, the text of the Bill now reads:

Section 48 of the Act of 2013 is amended— (a) in subsection (2), by the insertion of the following paragraphs after paragraph (b):

“(ba) provision specifying the aspects of a regulated financial service provider’s affairs for which a PCF holder has inherent responsibility for the purposes of section 53B of the Central Bank Reform Act 2010;

(bb) provision specifying the aspects of a regulated financial service provider’s affairs for which responsibility is to be allocated by the regulated financial service provider to a PCF holder for the purposes of section 53B of the Central Bank Reform Act 2010;

(bc) provision as to the arrangements described in subsection (2A) that a regulated financial service provider is to adopt;”,

(b) by the insertion of the following subsection after subsection (2):

The subsection referred to in paragraph (b) is laid out in the Bill. If it would be of help, I can provide a copy of the text to the Deputy.