Micheál Martin (Cork South Central, Fianna Fail)

I will act. What we have done with the new high level group is to bring together the regulatory body in the Taoiseach's Department with the business regulation forum. We have endeavoured to do something like a clearing house similar to the financial services clearing house to buy in from the different sectors. We will take a sectoral approach and get early results to reduce the burden. The Companies Consolidation and Reform Bill will be a significant measure in terms of the simplification of company law and making it more accessible and facilitative for emerging new and small companies.

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