Michael Moynihan (Cork North West, Fianna Fail) | Oireachtas source

I move amendment No. 6:

In page 24, line 32, to delete "not exceeding €3,000,000".

My concern is about the lack of sanction regarding not carrying out requirements by the new authority and the limits on fines. One of the sections refers to a fine not exceeding €3 million on conviction on indictment. I do not know why we would limit that. We have seen the clean-up job in the Gulf of Mexico, which is somewhere in the region of €11 billion or €12 billion. We want to be very careful about putting a limit on the fine even if it looks large in the legislation. We should not put any limit on the fine because regardless of whether this legislation will operate into future, we should have a very high ceiling.

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