Brian Cowen (Laois-Offaly, Fianna Fail)

The question of reforms that will take place in respect of regulatory matters, financial and otherwise, but especially financial, in the present circumstances, is something that has been accorded the highest priority by the Minister for Finance. He would intend to bring proposals to Government very shortly regarding that matter. It would be his intention in respect of any vacancies that arise or any posts to be filled, that we would employ people who would be eminently suitable and capable of doing a job which would be, perhaps, a different type of job from that which was the case in the past. In respect of contracts of employment entered into by authorities with executive management or anyone else, it is always open to an authority to have available to it not only rights of compensation, but rights of dismissal in the event of that being warranted.

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