Dáil debates
Wednesday, 18 May 2005
Investment Funds, Companies and Miscellaneous Provisions Bill 2005 [Seanad]: Second Stage (Resumed).
1:00 pm
Dan Boyle (Cork South Central, Green Party)
Previous contributors to the debate spoke about the lengthy period during which the ideas behind this Bill have been in gestation. While the Government certainly promised to introduce such legislation, and there were demands for it from the financial services sector, I am not sure that this Bill is what was sought. In its current format it has been produced in lightening quick time, compared to other legislation. This Bill was not on the Government's legislative programme in January this year, yet it was published in March, went to the Seanad in April and is now before this House. If all legislation was dealt with in such a satisfactory manner the Government would not have as many problems to face outside the House.
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