Brendan Smith (Cavan-Monaghan, Fianna Fail)

The bulk of the amendments to the section improve its layout and structure. While the scope of section 7 is essentially the same as that previously considered by this House, the section has been expanded by the inclusion of the term "or otherwise". It would be undesirable to restrict the manner in which the board may provide insurance financial services after authorisation has been attained. This is also a technical amendment.