Dáil debates

Thursday, 12 November 2009

11:00 am

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

I am not going to ask that. Ministers should note that I will come back to the subject. Apropos the issue raised by Deputy Michael D. Higgins, there is a peculiar occurrence with promised legislation. Nos. 56 to 58, inclusive, are urgent legislation — it states as much in the legislative programme — and No. 57 is in accordance with the Government's better regulation agenda. That is news to me and I did not know it had a better regulation agenda but we are always willing to hear new things.

No. 58 is the reform of financial regulatory services Bill, and that was raised by Deputy Michael D. Higgins. The programme states it is "to replace existing structures (the Central Bank and Financial Services Authority of Ireland) with a new single unified Central Bank of Ireland Commission".

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