Pearse Doherty (Donegal, Sinn Fein)
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I appreciate that regarding the case and the notification that has to apply to a person concerned, however, while there is a regulatory committee set up within the bank already, in this legislation we are creating the entire architecture which you could argue is something similar but the panel that will be appointed by the Minister in conjunction with the bank, which we deal with in later sections, how an inquiry will be established, and how it will notify a person, is new. I would be concerned that if this was to be challenged, it could be said that this was something new and not the regulatory committee. It is given very clear specific roles, a clear function, a clear appointment and accountability process and it does not have the provision in this legislation to call other witnesses or accept other submissions.