Terry Leyden (Fianna Fail)

I have great sympathy with Senator Quinn's submission which has a lot of merit. It seems logical. The legislation is becoming cumbersome and will be difficult to operate. Does the Minister of State envisage having a separate professional group for the professional directors of 30, 40 or 50 companies? There is no restriction confining them to that role in only one company. One possibility is that a separate group could create the profession of roving director, auditor or assistant for these committees.

I commend the Minister of State on his openness. It reminds me of my time in a similar position when I always listened to the views expressed in the Houses, particularly the Seanad. Many Bills I brought through the Houses were amended in detail in the Seanad which has broad views on issues. The points expressed today may bring radical change to the Bill. I also like the views of Senator O'Toole who was present at the creation of the Bill. Senator Quinn has made logical points which should be taken into consideration.