Dáil debates

Thursday, 15 May 2008

10:30 am

Photo of Willie PenroseWillie Penrose (Longford-Westmeath, Labour)

I want to ask the Tánaiste a question related directly to her brief which is important for the functioning of the legal and administrative basis of companies in Ireland. It relates to the mammoth task of the company law consolidation reform Bill, which has to consolidate 13 Acts and approximately 1,100 sections. Is the Minister content that she has sufficient parliamentary draftspeople available to undertake this mammoth task? Has she consulted the Attorney General to ensure that this Bill will be undertaken? It is extremely important for the proper functioning of business in this country as it relates to corporate governance, administration, receiverships and liquidations. How soon will that be undertaken? Is the Minister prepared to accept an offer by the Committee on Enterprise, Trade and Employment, of which I am Chairman, to establish a special sub-committee? If we do not have enough parliamentary draftspeople in our system, will the Tánaiste engage more or employ somebody to undertake the task specifically?

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