Dáil debates

Tuesday, 25 March 2014

Companies Bill 2012: Report and Final Stages

 

7:35 pm

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

On the face of it, the amendment makes sense, but in the age of cloud computing and remote servers it would place an imposition on businesses because the amount of physical storage facilities they would have to make available could be restrictive if located in city centre locations, for example. Many small offices are located in city centre locations where space is at a premium and would be unable to cope in storing the volume of records that would require to be stored. The amendment would substantially hinder or block outright the use of shared service centres, an area in which Ireland has a particular interest. Since there would be no tangible benefit for any stakeholder and it would be detrimental to Irish commerce, the amendment is - I do not want to use the word "undesirable" - not one we support.

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