Seanad debates

Wednesday, 2 April 2003

Central Bank and Financial Services Authority of Ireland Bill 2002: Committee Stage.

 

10:30 am

Photo of Martin ManserghMartin Mansergh (Fianna Fail)

I was going to make the same point as the Minister of State in much shorter form, but I prudently decided to listen to his explanation first. The authority has different parts and it is important not to confuse their functions. All the concerns contained in Senator Phelan's amendments are perfectly legitimate and well founded, but it is a question not of ends but of means. As the Minister of State said, the consumer interest is well catered for in the way the authority is laid out.

Amendment, by leave, withdrawn.

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