Seanad debates

Wednesday, 20 November 2002

Digital Hub Development Agency Bill, 2002: Committee Stage (Resumed).

 

Photo of Feargal QuinnFeargal Quinn (Independent)

I did not expect the Minister to accept the amendment. It is interesting to see each year how the banks vie with one another to publish their accounts within 24 or 48 hours of the end of the financial year. They must have good bookkeeping systems to be able to do so. The accounts may not be audited at that stage but they publish them. We should be urging far more speed in regard to all accounts rather than the leisurely approach which has existed in the past. I accept what the Minister said that this has been the tradition in the past. The fact that we are only asking that the agency send the accounts for audit within a month should be accepted. However, I will not press the amendment but perhaps I will come back to the point at another stage.

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