Brian Cowen (Laois-Offaly, Fianna Fail)

The point I was making was that, in line with Government intentions to bring forward regulatory change, the Central Bank Bill is being brought forward in the first half of the year. An independent point was proffered by Deputy Burton. Professor Honohan has not indicated any problem in respect of doing the scoping exercise he was asked to do by the Government. I do not accept there is validity to the contention made by Deputies since it was brought forward on the floor of the House this morning. I am not aware of a problem and have had no indication from the Governor that it is the case.

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