Noel Treacy (Galway East, Fianna Fail)

I do not wish to delay the House. I thank the Leader and Senators for their positive contributions, questions and comments. We have ensured we understand the direction in which we are going. This important legislation makes a major statement about Ireland's current economic position as it demonstrates that we are prepared to play a full role at every opportunity which arises in Europe. I concur with Senator McDowell that legislators are in a powerful position in passing legislation, creating an opportunity for people to represent us but failing to scrutinise the performance of the organisation on which we are represented. I have no problem taking the message to the Minister for Finance on behalf of the House that, as regards legislation already enacted and other membership opportunities, we should have a full and frank report when required or at least once per annum.