Mary White (Fianna Fail)

The problem with this section is that there is a myriad of different-sized companies. They might have revenues of €3 million, €4 million, €50 million or €100 million. I said in the House last night that there should be a cut-off point in regard to directors' obligations, perhaps starting with a firm with revenues of €100 million. Is that point clear? The section is a monster for small and medium-sized companies and for those with revenues under a certain figure.

The philosophy behind it is correct in that directors must know that everything is in order. Senator Leyden is correct. I know from my own experience that there is a golden circle in this city. It is made up of the same people who sit on the boards of large companies in this country. Did Senator Quinn hear what I said?