Dáil debates

Thursday, 11 May 2017

Companies (Amendment) Bill 2017 [Seanad]: Second Stage

 

2:10 pm

Photo of Pat BreenPat Breen (Clare, Fine Gael) | Oireachtas source

I thank Deputies Collins and Quinlivan for their and their party's support for this Bill. They certainly understand the urgency of it. I thank the Deputies as well for their contributions to this afternoon's debate.

The Bill, as I said, may be technical, but its impact will be practical. That is the important thing about it. I believe it is an appropriate and measured response to the needs of business at this point in time. We need to respond to those needs. It also represents a balanced approach, as it takes into account the needs of those who rely on financial statements for information. It is heartening to see that there is general support across the House for this Bill. Given that level of general support there is good reason to hope that we will be able to make progress on the Bill in an efficient manner. I look forward to further debate as we progress through the various Stages in this House.

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