Dáil debates

Tuesday, 17 February 2009

5:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)

I would like to get three answers so I will do my best.

Apropos issues raised today and happenings over the past couple of weeks, I refer to promised legislation and existing legislation, namely, the company law Acts and the Companies Act 1990, which is the important legislation. In view of the obvious strains, or the failure in certain quarters over recent weeks to interpret how the Act is supposed to operate, is it intended to introduce the company law consolidation and reform Bill at an early date? The normal procedure is that when some atrocity takes place in this country, we seek new legislation but since legislation is already in place, what is it intended to do in the proposed company law consolidation and reform Bill? When will it come before the House?

My last question is also very appropriate at this time. The Criminal Justice (Money Laundering) Bill has been on the Order Paper for long enough to be laundered itself. In view of the shifting of money and the movement of funds not only in this country, but in other countries, including throughout Europe, and the need to comply with EU law in this area, when will that Bill be resurrected and brought before the House?

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