Pat Rabbitte (Dublin South West, Labour)

I am a little surprised by the Minister's response given that the Irish branch of the Chartered Institute of Arbitrators is of the opinion that safeguards are necessary.

I wish to raise a separate but related point. The Minister is probably aware of the publication Arbitration and ADR Review, which is edited by two senior counsel. Apropos his comments about developing Ireland as a centre for arbitration excellence and attracting business here, the editorial of that publication states:

The Model Law is an excellent international framework. Is there a need for this International Model Law to be converted fully into our domestic Arbitration Law? Was there a demand for it? I do not think there was any demand or outcry for this new legislation, and clearly there has been no public, or even business, demand for same. I think more debate is needed.

I was surprised to read such an opinion from professionals involved in arbitration. I understand the institute considers it desirable to introduce this Bill. I do not recall discussing the issue on Committee Stage. Would the Minister outline to the House the motivation behind the Bill?

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