Ivor Callely (Dublin North Central, Fianna Fail)

I appreciate Senator Daly's point but it does not apply to section 13. This section allows for the non-application of the insurance Acts, which means that the various statutory requirements that could arise out of those Acts, which would not be relevant or appropriate to the Minister under this legislation, would not apply. The section is in place to allow the Minister to put the indemnities in place without having to take all of the insurance Acts into account, in so far as he or she does not have to act in the capacity of an insurance company. It prevents a situation where the Minister would have to put in place all the regulations demanded by the Irish Financial Services Regulatory Authority. Put simply, this section means that the Minister for Transport does not have to act in the capacity of an insurance company.