Pat Moylan (Fianna Fail)

I thank the Minister of State and the departmental officials for a very detailed Bill. As the Minister said, it is a fundamental transformation in the Central Bank and introduces full accountability to both Houses of the Oireachtas.

Many excellent contributions have been made at all Stages of the Bill's progression. I thank those on the Opposition for what appeared to be genuine amendments which were well thought out and which the Minister took on board.

In regard to the point made by Senator Higgins on the proposed review of the Act, it is difficult to specify a particular time such as two years. However, I agree that it should be looked at. A marker should be put down for a review time for many Bills that come through the Houses of the Oireachtas.

Senator Mansergh sent his apologies for not being able to attend on Report Stage as he had dealt with the earlier Stages of the Bill. I thank the Minister and his officials for this detailed and excellent Bill.