Mary O'Rourke (Fianna Fail)

All right. Senator Ryan also raised the fact that the finance company which is at the centre of the current controversy is not regulated. It is, in fact, in an unregulated financial sector, which sounds extraordinary if it is the case. The Senator says it is and from what I have read I think it is.

Senator Minihan said the Seanad should facilitate a day-long debate on EU matters, including the EU constitution. Senator Brian Hayes said the Government should soon announce the date of the proposed referendum on the constitution to ensure there is a long lead-in to the debate. I do not know when it is proposed to hold the referendum.