Brian Cowen (Laois-Offaly, Fianna Fail)

The amendment seeks to insert "section 26 of the Central Bank and Financial Services Authority of Ireland Act 2003" after the words "Central Bank Act 1942". I have already stated that I have been advised that amendments such as these are unnecessary. The Central Bank Act 1942 was amended on numerous occasions, not just by section 26 of the Central Bank and Financial Services Authority of Ireland Act 2003. Therefore, we cannot support the proposal.

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