Éamon Ó Cuív (Galway West, Fianna Fail)

I am just trying to be helpful. I believe that what I am suggesting is more open. The Deputy is suggesting that the Minister gets to choose the bodies that can make recommendations. I am proposing to place an advertisement in the newspapers and anybody wishing to do so can make a submission. The Deputy seeks to give me the power to select the organisations and I want to leave it open to anybody. I am being more open. This leaves two differences between us, the other one being the Deputy's proposal to require the board membership to include a person representing the interests of the financial services industry and a principal officer. I have given my reasons for opposing that provision. I am not against it but I do not want to write it in for my successors.

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