Regina Doherty (Meath East, Fine Gael) | Oireachtas source

Could I be very careful with language? I ask the Leas-Cheann Comhairle to give me a teeny bit of latitude if I ramble on. No one is getting away with anything. What is happening in Irish Life is entirely legal so no one is getting away with anything. Second, we do not have the proposed amendments. What we have are the draft heads of a Bill. We do not have the amendments yet. This is what we are all anxiously awaiting with me being first in the queue. If and when the new legislation is enacted, it will not stop what is happening in Irish Life because it is currently legal. All that will happen is that a scheme will have to give a minimum notice period of 12 months before the contributions can be stopped. That is the only thing that will happen. Irish Life gave well in excess of 12 months' notice so even if the legislation were passed, it would still not be breaking the law.

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