Paul Coghlan (Fine Gael)

I move amendment No. 30:

In page 35, to delete lines 18 to 51 and in page 36 to delete lines 1 to 13.

Section 35 deals with the statutory backing for the disciplinary arrangements of the prescribed accountancy bodies. I propose these deletions to ensure that the disciplinary procedures are efficient, not subject to undue administrative delay and that evidence can be compelled from persons other than members. This point has received little public discussion thus far, but I am aware from my research and consultations that it is critically important to the accounting bodies. They believe it undermines the new principle of supervisory self-regulation and will damage existing disciplinary procedures.