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Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: I move amendment No. 1: In page 6, subsection (3), line 24, to delete "prejudices" and substitute "shall prejudice". This amendment deals with technical matters. I am advised that the term "shall prejudice" should be used rather than "prejudices". I will leave it to the Minister of State to decide.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: All right.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: I move amendment No. 2: In page 6, line 39, to delete "securities" and substitute "securities,". I wish to hear the Minister of State's reply.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: If that is the considered advice I will accept it.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: I move amendment No. 3: In page 7, line 37, after "provided" to insert "for". I would like to hear the Minister of State's views on the amendment.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: Is there a difference between his advice and the Minister of State not accepting it? Are we happy that in his view and in the Minister of State's view the text is correct?

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: On that basis I will accept it.

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: I move amendment No. 4: In page 8, subsection (1), line 30, to delete "Transparency" and substitute "transparency". I am advised that the word "transparency" should appear with a small "t", rather than with a capital "T".

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: Is the Parliamentary Counsel happy with it?

Seanad: Investment Funds, Companies and Miscellaneous Provisions Bill 2006: Committee and Remaining Stages (28 Sep 2006)

Paul Coghlan: As the Minister of State has said, the Bill is largely technical, but necessary because of the new directives dealing with takeovers, transparency and related matters. The most important element of the Bill is how it deals with competitiveness to put us on a level playing pitch. Once the British Government had decided to increase the audit threshold, I considered it was important that we...

Seanad: Order of Business (28 Sep 2006)

Paul Coghlan: I support Senator Brian Hayes's call regarding the lack of controls on private airports and airfields. There appears to be a frightful gap which leaves Ireland wide open. God only knows what has been coming in or going out through these facilities. I also take on board Senator O'Toole's point regarding customs at ports. I hope the Minister will inform the House how he proposes to provide...

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: It is only a temporary arrangement.

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: It has been locked up for a number of years.

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: First, what a lovely piece of Rigoletto the Leader elicited last night on the basis of a sigh.

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: I am pleased to report that the beautiful and historic Dinis Cottage situated beside the old weir bridge and the meeting of the waters——

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: I called for its renovation many times here.

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: The cottage has been fully restored and I want to acknowledge that and compliment everybody. Not alone have the original features been conserved and restored——

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: I am coming to a question which I know the Cathaoirleach wishes me to ask the Leader. Not only has the concept of sustainable development been built into the project with the inclusion of solar panels on the roof of an adjacent outhouse and the use of an integrated constructed wetland to treat effluent from the cottage——

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: Now that such an excellent job has been done on the cottage, will the Leader ensure that the two responsible Ministers will devote some of the €3 billion referred to by Senator O'Toole to the urgent refurbishment and opening to the public of the important and historic Killarney House? That should start with the development of the gardens and demesne landscape immediately adjacent to the...

Seanad: Order of Business (27 Sep 2006)

Paul Coghlan: This is a serious matter. The house is in our most important national park.

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