Brian Lenihan Jnr (Dublin West, Fianna Fail)

It is to the credit of the Minister that legislation is enacted and another Bill is well on the way towards enactment. I do not see any case for delaying the process of enactment of the measure before the House. At least it will improve the structure that exists. As a result of further investigations into the scandals we are discussing it may be that further legislative change may be required. However, I believe the Minister will act with expedition if that is the case. For the present this is fine legislation, which is well conceived and addresses many complex issues. It is important that we put it in place. If we can improve the regulation system here and now, we should do so.

I oppose the motion except where it relates to the Minister's amendment No. 128, which forms part of a group of amendments Nos. 125 to 128, inclusive, and 134.

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