Willie O'Dea (Limerick City, Fianna Fail)
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I move:

That leave be given to introduce a Bill entitled an Act to make provision for the restriction and regulation of bonus payments made by credit institutions covered by the Credit Institutions (Financial Support) Act 2008 to employees of those credit institutions and to defer the payment of such bonus payments for a period of five years after the date upon which they have been earned in order to ensure that the bonus payments are justifiable and merited.

Seán Barrett (Dún Laoghaire, Ceann Comhairle)
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Is the Bill opposed?

Paul Kehoe (Wexford, Fine Gael)
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No.

Seán Barrett (Dún Laoghaire, Ceann Comhairle)
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Since this is a Private Members' Bill, Second Stage must, under Standing Orders, be taken in Private Members' time.

Willie O'Dea (Limerick City, Fianna Fail)
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I move: "That the Bill be taken in Private Members' time."