Noel Treacy (Galway East, Fianna Fail)

My ministerial colleague, Deputy Michael Ahern, has asked me to convey his appreciation for the valuable input of Members to the debate on this technical and complicated legislation. He is appreciative of the co-operation he has received in ensuring the Bill passes all Stages in a relatively short time. Part 2 introduces a new contract fund structure, the common contractual fund, CCF, which is non-UCITS CCF to distinguish it from a CCF authorised under the UCITS regulations.

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