Seanad debates

Wednesday, 31 October 2007

Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages

 

1:00 pm

Photo of Fiona O'MalleyFiona O'Malley (Progressive Democrats)

I have not quite finished. The Minister of State suggested in his reply that it is not necessary to deal with this matter today, which is something that was also inferred by Senator Boyle. We need to make progress with the Bill, but that could be done even if this section were to be withdrawn. I do not want to put ideas into Senator Boyle's head, but I am interested in the notion that this proposal could be withdrawn and discussed at a later stage. The Senator made the very good point that it could be considered in the context of the Green Paper on pensions. Would that be appropriate? Surely there are currently no time constraints in the case of the individual. Is the individual getting any money as things stand? Would the Minister of State consider withdrawing this section of the Bill?

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