Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

I move amendment No. 5:

In page 3, between lines 19 and 20, to insert the following:

“Amendment of section 57BS of Principal Act

3. Section 57BS of the Principal Act (as inserted by section 16 of the Act of 2004) is amended by substituting “upheld or substantially upheld” for “substantiated or partly substantiated” in each place where it occurs in subsections (5), (6)(c) and (9).”.

Deputy Doherty has made similar amendments with amendment No. 6 and the necessary consequential amendments Nos. 14, 15 and 18 and I accept them. The Deputy has opted for a full restatement of some of the subsections in the 1942 Act but the effect is the same and I will not press the Minister's amendments Nos. 5 and 13. My amendment No. 12 is a purely technical drafting amendment to remove superfluous wording referring to part of the principal Act on the advice of the Parliamentary Counsel. Other steps have been taken in the Government's Bill, which was published on 12 May, to improve transparency and reporting, including the introduction of preliminary decisions, the publication of decisions on financial services complaints and more transparent information in the annual report and all investigations, including those terminated and settled.

See this speech in context