Enda Kenny (Mayo, Fine Gael)

The markets responded today with confidence to the announcement of the guarantee given by the Government, not in response to the fact that there was to be a Bill because that was not known until later. I thank Deputy Gilmore for his suggestion. What the Taoiseach has said is an acceptable compromise. The Taoiseach probably does not now need to clarify the advice given to the Government by the Attorney General, in that it was his view that it was necessary that the legislation should go through All Stages tonight. I accept the Taoiseach's compromise. I know the Second Stage debate schedule comprises three 15 minute contributions, three of ten minutes and four of five minutes. The House will adjourn after that and will commence Committee Stage in the morning at 10.30 a.m. or whatever time is deemed appropriate. That is sensible and will allow Members to reflect on comments that are made on Second Stage, as well as seeking advice on the details of the Bill and its various sections. It will also give some time for a considered approach to Opposition amendments that may be deemed necessary. I accept the Taoiseach's compromise, which provides a sensible and prudent conclusion to what has been a rather chaotic period of preparation for the launch of this particular Bill.

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