Seanad debates

Thursday, 29 May 2003

Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages.

 

This legislation is flawed. We have moved in the wrong direction in regard to some aspects of it, particularly with regard to compliance, and should not pass it today without making that protest. We listened to the Minister of State who has taken a number of points into account but in terms of compliance, we are moving in the wrong direction and sending out an anti-business and, therefore, anti-Irish economy message. We should rethink this measure which I am disappointed we are passing through the House with such alacrity.

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