David Stanton (Cork East, Fine Gael) | Oireachtas source

Yes. The Government's intention is to bring in a regulator for the rest of the industry but it is a mammoth task. We have much work done on it but it is a very large and complex area. This is a minor piece of legislation and look at all the confusion it has caused. I will not get into discussing the major pieces of legislation now as there has been enough said on it.

Deputy Naughten asked about issues being flagged and they were. I know officials got letters, etc., about these matters, particularly the provision implementing a 25% share for charity. We made the decision early that this was the way to go. Until now the issue has not been raised, although I take the point that this is the reason for debate on the various Stages. No amendments were tabled by anybody to make changes. I note Deputy Ellis's comments on the 75% provision. It will not make a massive difference at the end of the day.

See this speech in context