Seanad debates

Wednesday, 31 October 2007

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

 

1:00 pm

Photo of Ned O'SullivanNed O'Sullivan (Fianna Fail)

I thank the Minister of State, Deputy Batt O'Keeffe, for coming to the House and performing a great service by clarifying the matter in the way in which he has done. Like other Senators, including Senator O'Malley, I had certain reservations and some concern in regard to the possibility of creating a precedent that would specifically benefit one individual on whatever side of the House. The Minister of State has made it clear that a precedent is not being created and that there are relativities at issue. As one who was a teacher for much of my life and who was involved in some trade union negotiations, I am keenly aware that relativities in terms of some levels of employment are important and are embedded in the system of pay and remuneration. I do not think it should be any different for the former Minister in question who, in fairness, has given long and distinguished service. If he is entitled to something he should be entitled to it the same as anybody else, no better or no worse.

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